December is historically one of the more quiet trading periods of the year. However, an antsy market heading towards protectionism makes a docket loaded with events like US NFPs, an OPEC meeting and BoE stability report a trading minefield.
Australian Dollar Forecast – Australian Dollar at Risk on US Data, Trump Cabinet Appointments
The Australian Dollar may face renewed selling pressure as US data boosts Fed tightening expectations and Trump cabinet appointments continue to pour in.
British Pound Forecast – British Pound May Weaken on Profit-Taking, Year-End Flows
The British Pound may weaken amid a lull in top-tier news flow amid profit-taking following six weeks of consecutive gains and year-end portfolio readjustment.
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