Data/Event Risks USD: Thanksgiving Day holiday – as such, trading conditions will be lighter than usual. Some dollar longs took profits yesterday. Focus next week will return to fiscal cliff discussions. GBP: Only CBI Trends up for release today. Otherwise, keep attuned to scatter-gossip re how Whitehall discussions on Autumn Budget Statement are progressing. EUR: French preliminary manufacturing and services PMI today, as well as actual German and EC PMI. Focus though will remain on how Europe bridges differences with IMF over Greece. Idea of the Day Unlikely to see big moves in the next couple of days. Next week will be more active, with Europe pre-occupied by Greece, America by the fiscal cliff and the Israeli-Gaza conflict, and Japan by its election. Right now, politics as much a driver of forex direction as economics. Latest FX News EUR: Some euro short-covering yesterday and overnight ahead of US Thanksgiving holiday. Soothing words from Merkel and Schaeuble also helped yesterday. The outcome of Monday’s meeting of the troika re Greece remains an important determinant of near-term direction. USD: Retained a bid tone in the morning before some profit-taking in the afternoon. As long as fiscal cliff is resolved, dollar ought to retain its allure. JPY: Still out of friends, with losses against all of the other majors yesterday. No need to fight the tape just yet, although yen weakness becoming consensus. AUD: Aided overnight by a decent print on the China HSBC flash manufacturing PMI, although the upside push ran out of puff above 1.04. We may well see the bears have a pop at dragging the Aussie lower next week, as recent attempts to rally have generally faltered. RBA on top makes it tough for the bulls. FxPro - Forex Broker FxPro - Forex Broker Forex Broker FxPro is an international Forex Broker. FxPro is an award-winning online broker, offering CFDs on forex, futures, indices, shares, spot metals and energies, serving clients in more than 150 countries worldwide. FxPro offers execution with no-dealing-desk intervention and maintains a client-centric business model that puts customer needs at the forefront of our operations. Our acquisition of leading spot FX aggregator, Quotix, enables us to offer access to a deep pool of liquidity, as well as top-class order-matching and some of the most competitive spreads in the market. FxPro is one of only few brokers offering Negative Balance Protection, ensuring that clients cannot lose more than their overall investment. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number: 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number: 078/07) and by the South Africa Financial Services Board (authorisation number 45052). Risk Warning: Trading CFDs involves significant risk of loss. View All Post By FxPro - Forex Broker Forex News Today: Daily Trading News share Read Next Euro-zone PMIs improve, but fail to impress Yohay Elam 10 years Data/Event Risks USD: Thanksgiving Day holiday - as such, trading conditions will be lighter than usual. Some dollar longs took profits yesterday. Focus next week will return to fiscal cliff discussions. GBP: Only CBI Trends up for release today. Otherwise, keep attuned to scatter-gossip re how Whitehall discussions on Autumn Budget Statement are progressing. EUR: French preliminary manufacturing and services PMI today, as well as actual German and EC PMI. Focus though will remain on how Europe bridges differences with IMF over Greece. Idea of the Day Unlikely to see big moves in the next couple of days. Next week… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
