Previous Trading Days Events 15 Jan 2024
Winners vs Losers
The dollar gains significant ground against other currencies. USDCHF leads with 0.99 gains not far away from USDJPY having 0.94 gains for the week. USDJPY remains on the lead this month with 3.66 gains.
News Reports Monitor Previous Trading Day 15 Jan 2024
Server Time Timezone EEST UTC 0200
Midnight Night Session Asian
No important news announcements, no special scheduled releases.
MorningDay Session European and N. American Session
No important news announcements, no special scheduled releases.
World Economic Forum annual meetings this week are held in Davos and attended by central bankers, prime ministers, finance ministers, trade ministers, and business leaders from over 90 countries. Statements to reporters could cause more volatility than normal.
Eurogroup meetings are attended by the Eurogroup President, Finance Ministers from euro area member states, the Commissioner for Economic and Monetary Affairs, and the President of the European Central Bank for coordinating economic policies of the nineteen euro area member states.
General Verdict
Monday Mood. Absence of scheduled releases that could cause intraday shocks. Low FX volatility. The dollar index moved sideways with low volatility closing slightly higher.
U.S. indices remained below the highs in consolidation.
Golds price also closed slightly higher after a mostly sideways movement around the intraday MA.
Crude Oil closed…