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FX.co ★ Fundamental Analysis, December, 27 / 2011

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Forex Analysis:::2011-12-27T05:53:37

Fundamental Analysis, December, 27 / 2011

Financial markets resumed their normal pace after Christmas, but have no major moves currencies, at least in the major pairs.

Prices remain the same levels on Friday, and with one exception, it is difficult rallies exceeding 20 points, even in 4 hours charts.

The absence of macroeconomic references in recent days, as well as some but relative calm in the European markets, which are most affected by the financial crisis this past year has virtually immobilized currencies.

However, it is expected for Tuesday's U.S. session the index of consumer confidence, issued by the Conference Board, at 10:00 Eastern.

The November data length exceeded the expectations of specialists, and in December could be maintained above 56 points, which would place it among the best figures for the year.

In another order, European stocks offer no variations of importance, and operate on values ​​very close to Friday's close, the previous working day.

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