Fundamental Analysis – 24/12/2015

Dec 24

FUNDAMENTAL ANALYSIS BY NSFX 24.12.2015

  • BY:
  • December, 24th, 2015 0:49 +00:00

Good Morning,

AUD is steady on Wednesday, as AUDUSD trades at 0.7242. USDCHF is trading at 0.9904 while USDCAD is trading at 1.3861.

GBP has lost ground on Wednesday, as GBPUSD is trading at 1.4878. EURCAD is trading at 1.5128 while EURGBP is trading at 0.7340.

EURUSD has moved lower again after approaching 1.1000 psychological where the German consumer confidence has assisted the pair to be stronger, but USD started to steady against most of majors due to the closing positions processes. Oil prices rebounded from their six-year low on Wednesday after a fall in U.S. crude inventories, helping to lift CAD. United States Core Personal Consumption Expenditure - Price Index (YoY) unchanged at 1.3% in November. GBPCHF is trading at 1.4718 while EURCHF is trading at 1.0809.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCAD

-          0.41%

GBPUSD

0.28%

EURGBP

-          0.64%

Athex Composite Share Pr

0.15%

OMX Copenhagen Index

1.83%

FTSE 100 Index

2.60%

CAC 40 Index

2.34%

BIST 100 Index

1.29%

DAX Index

2.28%

IBEX 35 Index

2.39%

Euro Stoxx 50 Pr

2.25%

I hope you all have a nice day.

All the figures are as at the writing time.