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USD/JPY Update.

T3X Posted 10 Dic

The USD/JPY pair is currently wavering around 61.8 percent after having reaching 108.68 on Tuesday. Initially there were reports from the officials in Mexico that the U.S-Mexico-Canada Agreement has been struck.
But, with news on U.S-China trade deal not being very positive, the pair is witnessing some tough time and finding it difficult to build a bullish momentum. But, it is expected that if equities go up on China's Producer Price Index, then the pair may witness some strong bidding.
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EUR/USD Update.

T3X Posted 10 Dic

Regarded as one of the major currency pairs, the EUR/USD pair is trading at a marginally higher level at 1.1050. As far as the markets are concerned, the speculators and traders are highly optimistic that the United States-Sino trade related war will not escalate further.
The pair will likely advance since France has recorded a hike of 0.4 percent in its industrial output figures of October month. On the other hand, the exports figure from Germany has also increased for the month of December. I…
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Key week

T3X Posted 9 Dic
Key week including monetary policy report from the Federal Reserve.
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