Macro data from both the US and UK cause for prolonged trading going into the holidays.
Trading flat, sterling numb
EUR/USD trading flat after US durable goods rose 1.3% in November, falling short of expectations and causing a numb pound this morning. UK confirmed a small increase in household spending which was the best news to come for the day, yet it is the slowest growth since 2012.
Catalan back in the news
News overnight of Catalan pro-independence parties winning majority in northern Spain caused for a short selloff as EUR dropped to as low as 1.1815. Separatist parties are seen winning 70 seats out of 135.
Our daily and weekly updates will resume on Tuesday, January 2nd, 2018.
Happy holidays and Happy New Year!
Cole Estrate, The WorldFirst Team