CHFJPY
114.14
+0.49%
GBPCAD
1.7220
+0.48%
GBPUSD
1.3379
+0.46%
GBPJPY
150.63
+0.45%
GBPNZD
1.9130
+0.44%
AUDCAD
0.9866
+0.40%

While the it looks like Dollar couldn't care less, global equities seem to be responding very well to the developments on the US tax plan. House and Senate Republicans are expected to pass the final bill mid-week. And the bill could then be on President Donald Trump's desk before Christmas. Nikkei closed up 1.55% at 22901.77 earlier today. European indices follow and gains broadly. In particular, DAX is up 1.6% at the time of writing while CAC 40 is up 1.2%. In the currency markets, major pairs and crosses are generally stuck in range with exception in weakness in Canadian Dollar. Euro is trading broadly higher with Nov Eurozone CPI finalized at 1.5% yoy.

Market Snapshot

Currency Heat Map

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Updated: Dec 18 20:15 GMT

Action Bias

 
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Updated Dec 18 21:15 GMT

Pivot Points

Markets Volatility