Talking Points:
- Bloated economic calendar today provides opportunity for vol.
- EURUSD and GBPUSD nearing breakout points.
- December forex seasonality foresaw a modestly weaker Euro.
Today's US economic data could go a long way towards helping the US Dollar achieve one last rally to fresh yearly highs before the holidays. See the above video for technical considerations in EURUSD, GBPUSD, and USDCHF.
Read more: Euro Flounders at Yearly Lows as Likelihood of ECB QE Increases
--- Written by Christopher Vecchio, Currency Strategist
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
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