Americans are very confident in December: the CB measure shows a surge to 113.7 points. In addition, November’s number was upgraded from 107.1 to 109.4 points. This is the best figure since 2007, extending the positive trend. It implies higher consumption in December. But for now, markets remain in holiday mood, not responding to the event. The Richmond Manufacturing Index also beat early estimations with a score of 8 points. The Conference Board’s Consumer Confidence measure was expected to rise to 108.9 points in December after 107.1 in November. Separately, the Richmond Manufacturing Index was expected to rise from 4 to 5 points. Trading was moving in a slow manner in the holiday week between Christmas and New Year’s Eve. Te lack of liquidity and trading volume has not resulted in any wild jumps. There is no significant news to move markets. Earlier, the S&P Case-Shiller Composite 20 House Price Index showed an annual rise of 5.1%, marginally above 5% expected. EUR/USD was trading under the 1.0460 level and traded in a range of around 25 pips. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Looking toward 2017 – Live Market Open from 8:00 GMT Yohay Elam 6 years Americans are very confident in December: the CB measure shows a surge to 113.7 points. In addition, November's number was upgraded from 107.1 to 109.4 points. This is the best figure since 2007, extending the positive trend. It implies higher consumption in December. But for now, markets remain in holiday mood, not responding to the event. The Richmond Manufacturing Index also beat early estimations with a score of 8 points. The Conference Board's Consumer Confidence measure was expected to rise to 108.9 points in December after 107.1 in November. Separately, the Richmond Manufacturing Index was expected to rise from 4… 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.
