Open/Wrap

Day ahead in the FX market, Friday December 21st

  • Market starting to wind down for holiday period so should be very quiet in Asia:
  • Yen shorts are remaining resilient:
  • UK consumer confidence and Chinese business sentiment on the economic calendar:
  • AUD/USD stop-loss orders below 1.0450 may still attract attention:
  • Cable resistance at 1.6310 also worth watching:
  • Other major pairs back at mid-range levels on short-term charts.
  1. And may I add Sean: Its not th end of the world in Australia at least… if you see any symptoms please let us know…
    Merry Christmas.

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