Weekly FX Update – 18 December 2017 (Video)

In this weeks FX update, Senior Market Analyst Craig Erlam talks about the events that will likely impact the markets in what is likely to be a quieter than normal week. While the festive period will likely take its toll, it is worth noting that there are a number of important pieces of data being released this week as well as a monetary policy announcement from the Bank of Japan. With US President Donald Trump desperate to deliver tax reform in time for the holiday’s, there may well be another announcement this week, one which markets have rallied in anticipation of since last year’s election.

Craig discusses all of this and more and also gives his live analysis on EURUSD (3:15), GBPUSD (5:05), EURGBP (6:39), AUDUSD (7:46), USDCAD (9:16), GBPCAD (10:20), NZDUSD (11:08), USDJPY (12:41), GBPJPY (14:00) and EURJPY (14:53).

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.