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06.12.2021 Market Report


Ahead of Monday’s European session, the EUR/USD stays around the intraday low of 1.1288, down 0.17%.

Europegroup meetings will be happening all day, which may affect the euro currency. 

Traders should also keep an eye on the following monthly report releases, Germany’s Factory Orders and Italy’s Retails Sales MoM.


During the Asian session, the GBP/USD pair was trading around the 1.3230-1.3235 region.

Today, the Bank of England’s Deputy Governor, Ben Broadbent is expected to speak at 11:30 UTC, about the outlook of growth, inflation and monetary policy at Leads University.

Traders should take into consideration the release of Markit’s Construction PMI as well, which may affect the British pound.  


Heading into the European session, the USD/JPY pair was last seen hovering around the 113.00 region on the time of writing 10:30 UTC+2 , with a daily low of 113.19.   


During Monday’s Asia session, the AUD/USD made minor gains, rounding to 0.7010-0.7015.

Australian Industry Group (AGI) will release the monthly Group Services Index later today.  


The NZD/USD remains low, as the European session began, the NZD/USD pair had was seen oscillating in a range around 0.6740-0.6750.


Following the previous day’s multi-day high, USD/CAD eases to 1.2820 during Monday’s Asian session.


During early Monday, the USD/CHF seesaws around day’s high of 0.9202, up 0.23% intraday.


During the early European morning, WTI crude oil prices remained positive on Monday, rising 2.60% intraday to $67.90.


During the early European session, the XAU/USD pair remained confined to a narrow band and was last seen trading in neutral territory, just above the $1,780.

Stay up to date with the important data releases and economic events happening daily through our Economic Calendar.

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