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internationallove

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  1. FBS Achievements 2012!!! Thank you for choosing FBS as your Forex broker! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  2. Market Analytics:FBS Markets Inc. Dec. 28: Asian session USD/JPY rose to 28-month high at 86.63 as data showed a decline in Japanese consumer prices (Tokyo core CPI fell by 0.6% this month, national core CPI dropped by 0.1% in November after staying unchanged in October). The expectations of more easing from the central bank strengthened. EUR/USD is consolidating at $1.3240. The pair is trading close to the highest levels since April. France will publish consumer spending data at 7:45 GMT. Italy holds a 10-year bond auction. AUD/USD is consolidating in $1.0390/45 area. NZD/USD is fluctuating in the $0.8200 zone. USD/CHF is trading sideways in the 0.9170/9090 region. GBP/USD rebounded to $1.6120 after having tested the 50-day MA yesterday. USD/CAD is consolidating around 0.9950. Yesterday the pair approached the 200-day MA, but failed to overcome it. US President Barack Obama and Vice President Joe Biden will meet congressional leaders from both parties at the White House today. US House Republican leaders announced that the chamber will meet on Dec. 30 – its first Sunday session in more than 2 years. American lawmakers are seeking to resolve their impasse over spending cuts and tax increases worth more than $600 billion (“fiscal cliff”). Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-28/20809-dec-28-asian-session
  3. Registration for 999 is open!!! Dear traders! Participate in the contest and win 555 USD, 333 USD or 111 USD from FBS. Take part in 999 demo contest and struggle with the world’s best traders for Forex Market leadership. The idea of the contest is pretty straightforward: each participant gets a demo account with 9999 USD balance in it and 1:100 leverage. You can trade 28 major currency pairs and EAs are allowed. 3 participants with the highest deposits by the end of the contest period are announced the winners. It is them who receive with-drawable prizes from FBS. Registration: 18.12.12 - 07.01.13 Contest period: 08.01.13 - 08.02.13 Contest details Registration Take part and win! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  4. Market Analytics:FBS Markets Inc. NZD/USD: bullish in 2013 2012 was a hard year for New Zealand’s exporters as NZD/USD strengthened making their profits in the national currency lower. The pair spent about 70% of time above $0.8000. Yet, kiwi may keep appreciating in 2013 if commodities prices remain strong and monetary conditions in New Zealand remain firm (the new governor of the Reserve bank of New Zealand is considered to be a hawk). Westpac: New Zealand’s economic recovery should gain momentum next year, which will encourage the RBNZ to raise its official cash rate in September. As USD will be under pressure because of the Fed’s QE, NZD/USD may rise to $0.8845 (2011 high). BNZ: the pullbacks below $0.8000 are going to be quite limited and shallow. NZD/USD will trade in the $0.8000/8500 range. Chart. Weekly NZD/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-27/20806-nzdusd-bullish-2013
  5. Market Analytics:FBS Markets Inc. GBP/CHF: long-term bearish forecast GBP/CHF has been trading in a descending channel since July 2012. We maintain a long-term bearish view on the pair with a target of 1.4200. On a weekly chart one may see a head-and shoulders pattern (head at 1.5480). Last week GBP/CHF slid below the neckline and confirmed the pattern. The pair fixed below the 50-week MA and is trading in the negative territory this week. Сhart. Weekly GBP/CHF Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-27/20804-gbpchf-long-term-bearish-forecast
  6. Market Analytics:FBS Markets Inc. USD/JPY extended gains to 85.85 USD/JPY continues the sharp rally and today tested fresh highs of 85.85 (highest since July 2010). The pair is tickling the 200-week EMA (85.75). Such strong bullish moves became possible due to the thin Christmas market as the volatility is very high. These days the market’s behavior is quite unpredictable, but the overall trend is clearly bullish. The next targets are seen at 86.50 (50-month EMA), 87.00 (23.6% Fibo) and 88.00. FX Concepts: In 2013 USD/JPY will reach 90.00 before resumption in risk aversion prompts investors to return to traditional refuge currencies. Further depreciation of the yen versus the U.S. dollar is one of the surest bets going into the next year. The pair is currently overbought (weekly RSI rose to 72). Any pullback is seen as a buying opportunity ahead of the Jan. 21 BoJ meeting. It is now important for the pair to close above the 200-week MA. Tonight at 23:30 GMTJapan will release CPI data which may show the deflation is deepening. Chart. Weekly USD/JPY Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-27/20790-usdjpy-extended-gains-8585
  7. Market Analytics:FBS Markets Inc. Dec. 27: Asian session USD/JPY keeps climbing higher and higher. Today the pair reached new multi-month high of 85.87 as data released tonight may show a decline in Japan’s consumer prices, fanning speculation that Prime Minister Shinzo Abe will push the central bank to increase monetary stimulus. Yesterday Abe said ‘bold’ monetary policy is one of the 3 pillars of his economic measures. Asian stocks rose. AUD/USD is trading on the downside in the $1.0380/50 area. NZD/USD went higher testing the levels above $0.8200. USD/CHF is trading in the 0.9130 area, not far from the recent lows. EUR/USD is consolidating around $1.3230 after yesterday’s growth. Today the pair is in the narrow $1.3220/40 range. There are no important releases on the European agenda. Watch the US fiscal cliff negotiation updates. America will also release unemployment claims figures (13:30 GMT), CB consumer confidence & new home sales (15:00 GMT). GBP/USD is consolidating at $1.6130. Britain will release BBA Mortgage Approvals data at 9:30 GMT. USD/CAD declined to 0.9930. Yesterday the pair rose above the 50-day MA, but today slid from these levels. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-26/20781-dec-27-asian-session
  8. Market Analytics:FBS Markets Inc. AUD/CAD: bearish view Those who aren’t short on AUD/CAD yet should consider looking for opportunities to join in. The pair’s trading within long-term downtrend and it’s correction from October lows seems to have finished. As a result, sell on the close below 1.0260 (Fibo level) or, if we’re lucky, on the rallies towards 1.0350. Target is at 1.0100. There may be some support at 1.0200. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-26/20772-audcad-bearish-view
  9. Market Analytics:FBS Markets Inc. USD/JPY surged to fresh 85.35 highs USD/JPY rose to 85.35 (highest since April 2011) as Japan is forming a new government today. In the early Asian trade USD/JPY jumped from the daily lows of 84.75 and is now consolidating around the daily highs. The pair rose above the 200-week MA (84.95) and is testing the 50-month MA (85.40). The new Prime Minister Shinzo Abe keeps talking about the necessity of monetary measures. On Sunday he said Japan must defend itself against attempts by other governments to depreciate their currencies at the yen's expense. Minutes of the BOJ November meeting, released today, showed that some members said the regulator must act without ruling out any policy options if the economic and inflation outlook will keep worsening. Barclays: A small flow of money can cause a big move in the yen. The market will be volatile until investors return from holidays. BNP Paribas: Further gains for the pair are likely to slow considerably as the dovish BOJ view is already well priced in. We suspect that both overstretched technicals and positioning are playing a sizable role Citigroup: If the only thing that's driving the yen now is verbal intervention, we've just about reached the limit. Resistance: 85.50, 85.90, 87.10 Support: 85.00, 84.00, 83.50, 82.80 Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-26/20764-usdjpy-surged-fresh-8335-highs
  10. Market Analytics:FBS Markets Inc. Dec. 26: Asian session Market is open in Japan and the US. Europe, Australia and Canada keep enjoying bank holidays. AUD/USD is consolidating above $1.0350. NZD/USD is flat in the $0.8210 area. USD/CHF is little changes around 0.9150. USD/JPY rose above 85 yen for the first time since April 2011. Shinzo Abe is sworn in today as Japanese Prime Minister. Abe is expected to push the Bank of Japan to do more easing. Yesterday the leader of Liberal Democratic Party agreed with the New Komeito Party on a policy package that includes a 2% inflation target. EUR/USD keeps consolidating around $1.3180. GBP/USD strengthened to $1.6120 (38.2% Fibo). USD/CAD is around session highs of 0.9925. The pair remains below the 50-day MA. Investors focusing on the fate of US negotiations to avert a budget crunch looming at the end of the year. The talks are to resume tomorrow. Activity is likely to remain subdued, with volume low and without major economic news. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-26/20751-dec-26-asian-session
  11. Predict NFP – December 2012! Dear traders! You have a real opportunity to show your analytical skills and get an exclusive prize from FBS. All you need is to guess the Nonfarm Payrolls indicator for December that will be announce on the 4th of January. Winner will receive a brand T-shirt from FBS! Hurry up to make the first exact prediction! All you need is to guess the Non-farm Payrolls indicator for December. Please, post your guess here in the “Comments” section. The participant who leaves the first most exact prediction becomes the winner! Each participant may leave 1 guess only. In case a person leaves 2 or more guesses, he is disqualified. Your guesses are accepted until 12.00 GMT on January 4. Good luck to everyone! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  12. Market Analytics:FBS Markets Inc. RCommerzbank: economy will weight on EUR/USD Commerzbank expects EUR/USD to depreciate next year from $1.32 to $1.23 as US economy will do much better than the one of the euro area. Euro zone’s economy contracted for two straight quarters and there are signs of further slowdown, while US economic growth was revised up in Q3 from 2.7% to 3.1% and the unemployment in America is falling. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-25/20750-commerzbank-economy-will-weight-eurusd
  13. Market Analytics:FBS Markets Inc. Rabobank: GBP 2013 forecast Analysts at Rabobank expect EUR/GBP to rise to 0.8300 by the end of 2013. In their view, pound may win some ground vs. the euro at the beginning of the year as tensions in euro zone may resume. However, by the end of the year the single currency will get it under control. GBP/USD is expected to reach $1.6300 by the end of 2013 because of the US dollar will remain weak. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-25/20746-rabobank-gbp-2013-forecast
  14. Market Analytics:FBS Markets Inc. Gold: forecasts for 2013 Gold spent the 2012 year in the sideways $1800-1515 channel. The yellow metal resumed the downtrend in the end of November after a previous upward move and has recently touched a fresh 4-month low of $1635 an ounce. The improved global market sentiment trimmed demand for safe-haven gold. Investors appreciated the progress in resolution of the euro zone’s crisis (Grexit looks much less likely, Spanish yields are down and European integration is tightening). The positive US GDP reading lowered the expectations of infinite QE and, therefore, also reduced demand on safe gold. Despite the recent slide, most analysts remain bullish toward gold in 2013. ANZ: In the next weeks prices could slide to $1630. The decline will be short-term and will create a good buying opportunity over the medium term. Capital Economics: Central banks will probably continue buying. Finally, a re-escalation of the crisis in the euro zone should boost the demand for gold as a safe haven. In 2013 gold will rise to $2200 an ounce. Commerzbank: Central banks in emerging countries will play a considerable part in the price increase we envisage in 2013. Some analysts believe the bullion’s price gains will be limited. Goldman Sachs: We expect to see gold at $1825 a troy ounce in 3 months, at $1805 in 6 months and at $1800 in a year. Kotak Mahindra Asset Management: Gold may still give a positive return in 2013, but it may not be able to match up its own performance in the last five years. Uncertainty in the global financial market has receded significantly and that will affect gold demand as a safe haven asset. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-25/20744-gold-forecasts-2013
  15. Merry Christmas & a Happy New Year! Dear Customers, Partners and Friends! It's been a good year for all of us. We have been working hard advancing FBS services and planning to do even greater job next year! Many thanks for all of your support that inspires us everyday to achieve highest results! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  16. Market Analytics:FBS Markets Inc. AUD/USD extends the downside AUD/USD broke below $1.0450 and tested the fresh weekly lows, following the decline in US Congress of Republican's 'Plan B' for 'fiscal cliff'. Aussie is now cramped between the two trend lines. The pair is supported by the line, ascending from $1.0150, which is currently around $1.0400. On the upside growth is limited by the 2011-2012 trend line resistance at $1.0550. The technical picture shows that the decline is likely to extend to $1.0400. We concede a break below this level - it would actually signal a trend reversal and open the way to $1.0150. Support: $1.0415, $1.0400, $1.0390, $1.0360, Resistance: $1.0500, $1.0550, $1.0585, $1.0600 Chart. Daily AUD/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-21/20723-audusd-extends-downside
  17. Market Analytics:FBS Markets Inc. USD/JPY: a sideways week USD/JPY is trading around the daily lows at 83.90. The pair is down from the recent 8-month high at 84.60. This week the pair is consolidating in the 83.80/84.60 sideways range, but the pair seemingly has some more room for growth. The next upside target lies at the 85.00 handle (200-week MA). The current correction looks quite natural after the last week’s decisive upward move from 82.00. USD/JPY is now taking the lead from the H4 MACD bullish divergence. The pair still remains overbought on the weekly and daily charts. The pair opened this week with a gap up and still didn’t cover it, so we concede a retracement to the Friday’s close at 83.50. Resistance: 84.11, 84.45, 84.60, 85.00, 85.50 Support: 83.80, 83.50, 83.00 Chart. H4 USD/JPY Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-21/20721-usdjpy-sideways-week
  18. Market Analytics:FBS Markets Inc. Dec. 21: Asian session The market’s risk sentiment worsened as US lawmakers delayed a budget vote spurring concern the so-called fiscal cliff will drive the world’s biggest economy into recession. Plan B prepared by the Republican leadership in the House of Representatives failed to pass. According to the official announcement, the chamber will hold no more votes until after the Christmas holiday. Asian shares declined, as well as Aussie and kiwi. AUD/USD slid to $1.0440. NZD/USD weakened to $0.8300. USD/JPY eased down to 83.85, while USD/CHF is trying to rise from the recent lows and is fighting with resistance at 0.9155. EUR/USD slid from the daily high of $1.3250 and is now consolidating around the $1.3200 mark. The pair is down from the 8-month high around $1.3305, tested on Dec. 19. The only important release scheduled in the euro zone for today is the GfK German consumer climate at 7:00 GMT. GBP/USD slid by 40 pips to $1.6240. The pair is trading slightly below the strong resistance of $1.6300. Watch the current account, public sector net borrowing and final Q3 GDP data at 9:30 GMT. USD/CAD is trading on the upside. The pair rose above the 100-day MA and is testing 0.9900. Canada will release November CPI and October GDP figures at 13:30 GMT. Later during US session pay attention to durable goods orders. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-21/20716-dec-21-asian-session
  19. Christmas and New Year holidays schedule! Dear traders! As usual due to the Xmas and New Year celebration the schedule of trading and trading conditions will be changed. Please make sure to read it and modify your trading accordingly. Holidays schedule: Monday, December 24, 2012 – early close of trading at 19:00 (GMT+2, terminal time) Tuesday, December 25, 2012 – trading is closed Wednesday, December 26, 2012 – trading is opened at 9:00 (GMT+2, terminal time) Monday, December 31, 2012 – early close of trading at 19:00 (GMT+2, terminal time) Tuesday, January 1, 2013 – trading is closed Wednesday, January 2, 2013 – trading is opened at 9:00 (GMT+2, terminal time) Be advised that due to traditionally low liquidity and high market volatility in this period (December 24, 2012 to January 2, 2013), it can lead to some changes in trading conditions and margin requirements. Merry Christmas and a Happy New Year! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  20. “999” contest results! Dear traders! On the 14th of December «999» demo contest was over. While checking the contest results participants with accounts 336381, 338842 and 334561 were accused of breaching 999 Contest Rules by trading on several contest accounts. For that reason the participants were disqualified. Thus the winners for 999 Demo Contest are: >>1st place and 555 USD<< given to a contestant from Ukraine with the contest account number 338033. His balance reached 230607.87 USD by the end of the contest. >>1st place and 333 USD<< taken by a participant from Indonesia with the contest account number 339722 (Balance: 126634.35 USD). The trader receives 333 USD from FBS . >>3rd place and 111 USD<< given to a trader from Indonesia with the contest account number 337764. He earned 97368.57 USD during the contest. MasterCard as a consolation prize is taken by a contestant from Malaysia with the contest account number 338501. FBS congratulates the winners and thanks all the participants for the intensive trading and inexhaustible will to win. Don’t miss your opportunity to enjoy trading with FBS and get worthy prizes for it. We are happy to inform you that the registration for the next “999” Contest has already started. FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  21. Market Analytics:FBS Markets Inc. RBC: bearish view on USD/JPY It may be surprising, but there are some specialists who remain bearish on USD/JPY. Analysts at RBC Capital Markets expect the USD/JPY to slide to 77.00 in Q1 2013. In their view, political inertia will hinder the revolutionary change in policy. Japan is still running a current account surplus. What’s more, JPY shorts have reached a record high, so there’s a chance of massive short covering on any event that diverts from what investors are expecting in Japan. Chart. Weekly USD/JPY Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-19/20693-rbc-bearish-view-usdjpy
  22. Market Analytics:FBS Markets Inc. Dec. 19: European session EUR/USD is testing fresh highs around $1.3280. The single currency is supported after positive euro zone’s releases. German Ifo business climate rose to 102.4 in December (forecast: 101.9; previous: 101.4), while current account surplus widened. Note that EUR/USD is strongly overbought. Euro is up on good risk sentiment, though Fitch rating agency said that US AAA credit rating is at risk in case of failure of solving the “fiscal cliff” crisis. Euro Stoxx 50 is up by 0.59%. GBP/USD is testing the $1.6300 resistance. BoE meeting minutes showed that MPC voted 8-1 to keep QE total at 375 bln pounds, 9-0 to keep interest rates at 0.5%. The regulator forecasts the economy to contract in Q4. USD/JPY is once again at multi-month high at 84.40 tested earlier today. USD/CHF slid to new 7-month low at 0.9100. AUD/USD rose by 20 pips above today’s minimum of $1.0504. NZD/USD is trying to return above 0.8400. New Zealand releases Q3 GDP tonight. USD/CAD is consolidating around 0.9850. The pair is tickling the 50-period MA on the H4 chart. Later today watch US housing market data – building permits and housing starts. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-19/20687-dec-19-european-session
  23. Market Analytics:FBS Markets Inc. USD/CAD looks weak, though supported USD/CAD has opened the second week with a gap down, though the smaller one than last week. The pair found some support at 0.9825 (bottom of the daily Ichimoku Cloud). US dollar’s fluctuating around 0.9845 (50% retracement of the advance from September to November). If it slips below the recent minimums of 0.9825, it may slide to 0.9775 (61.8% retracement). Below 0.9800 (psychological level) selling will likely intensify. USD/CAD is now just below the Ichimoku Cloud at H4, which provides resistance for the pair ahead of the next obstacle at 0.9887 (100-day MA). Only above this level the bulls will be able to breathe a bit more freely. The next resistance lies at 0.9925 (50-day MA, top of the Cloud). The outlook for USD/CAD is neutral/bearish for now. You may try selling on rallies as long as the pair is below 0.9900. If the fiscal deal is made in the US, CAD may strengthen more on improved risk sentiment. Chart. Daily USD/CAD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-19/20678-usdcad-looks-week-though-supported
  24. Market Analytics:FBS Markets Inc. EUR/USD: prospects have become bullish EUR/USD reached 7-1/2-month high at $1.3255, while EUR/JPY rose to 16-month maximum of 111.75. EUR/USD has managed to close above resistance of $1.3190/3200, so its prospects become bullish and it’s now targeting $1.3280 (May high), $1.3385 (March/April highs) and $1.3485/3517 (February highs; 50% retracement of the decline from 2011 to 2012; 200-week MA). For now euro looks overbought at daily, H4 and H1, so there may be some minor correction. Support for the single currency is now found at $1.3190, $1.3140, $3125 and $1.3100. Watch German December Ifo business climate index (forecast: 101.9; previous: 101.4). The release will be important for euro. Any improvement from November reading should keep the rally intact. There are buy stops at 1.3260 and sell orders in the $1.3280/00 area. There are buy orders in the $1.3220/25 zone. Chart. H4 EUR/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-19/20671-eurusd-prospects-have-become-bullish
  25. Market Analytics:FBS Markets Inc. Dec. 18: European session EUR/USD remains in a tight sideways range of $1.3200/1.3150. The pair rebounded from a daily low and is now trading around $1.3180. As can be seen from the daily chart, the pair is overbought. As for the fundamental events, Spain held a successful bill auction today (amount above target, lower yields). Euro Stoxx index is up by 0.51%. GBP/USD is testing fresh two-month highs around $1.6220. The pair remains in an upward trend and is close to the 2011-2012 resistance line at $1.6230. UK November CPI came at 2.7% y/y, what is slightly above the forecast. The majority of main pairs are trading in the narrow ranges. AUD/USD is fluctuating in the $1.0540 area. NZD/USD sits in the 0.8440 zone. USD/JPY keeps consolidating around 84.00. USD/CHF is almost at 7-week lows around 0.9160. USD/CAD edged slightly higher and is trading around 0.9840. There won’t be many significant data releases today, only current account and NAHB housing market index in the US and New Zealand’s current account later. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2012-12-18/20662-dec-18-european-session
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