Tag - cad - canadian dollar

US-China agreement was priced in. Thus, markets are calm. The only important event of the day is US retail sales level.

American iInflation data may affect the USD. Safe-haven assets are down ahead of the agreement between the US and China.

American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.

The market sentiment is still off due to the Iran-US tensions.The Japanese markets are open after the holidays. As a result, markets are open with a gap.

The US dollar has been trying to recover after the suffering in the last days of 2019.

No important events in the economic calendar but the technical picture is promising. Let's take a look at AUD/USD, NZD/USD, USD/JPY, and USD/CAD.

Markets will be closed earlier due to coming Christmas. However, it's not a reason to avoid trading.

Market sentiment was supposed to improve due to the positive comments about US-Sino trade tensions.

Inflation data may affect the direction of the British pound and Canadian dollar.

American Retail Sales and Core Retail Sales may boost the USD.

The day will be highlighted by American economic releases.

British trade balance data and German ZEW Economic Sentiment Index may drive GBP and EUR accordingly today.