- Low volatility in the markets on a limited day.
- EUR / USD in negative for the week, but firm near highs in years.
He EUR / USD is trading a small rise on Thursday, supported by optimism raised by the possible Brexit deal. The pound is the best performing currency and it also pushes the euro higher against the dollar. The price climbed to 1.2215 before falling back to 1.2185.
The volatility in the markets is at low levels due to the fact that on Friday the markets will remain closed and that Wall Street will close earlier for the Christmas holidays. This has meant that prices do not register significant variations. In this context, what is happening around Brexit stands out.
In the US, attention is still on the debate over fiscal stimulus after President Trump called for larger amounts of aid. It has not yet signed the stimulus for 900,000 million that was approved days ago.
He EUR / USD is on its way to end the week with a slight drop. It is trading in the 1.2200 zone. These days it remained within the range of the previous week, consolidating in the zone of maximums in years. The bullish rally is still intact, although it has lost momentum after failing to overcome 1.2270, and after the dollar recovered.
Technical levels
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