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Daily FX Market Commentary

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers A light calendar today topped by the third estimate of US Q3 GDP. We note that while there are no market movers due for release in China this week one should keep an eye on potential monetary easing. Since November last year, China has cut rates with an average gap of two months. If it continues at this pace, we should see another rate cut within the next two to three weeks, as the latest cut was on 30 October. PPI report out of Sweden, see Scandi Markets. Selected Market News

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