New Year slack

Tuesday, 26/12/2017 | 13:13 GMT

Disclaimer

The Christmas celebrations in Europe and USA imply that there are no significant moves in the Forex market.

However, today we expect the index of consumer confidence, which shows the level of economic activity among consumers. This leading indicator forecasts the consumer activity, which are a significant part of economic activity.

Larson&Holz analysts expect the index to be approximately 1.1850, which leads to expectations of further growth and the upward trend of EUR/USD, so they may reach 1.1950.

Larson&Holz Review

Disclaimer

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