EUR/GBP Fundamental Analysis – December 22, 2015 – Forecast

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Updated: Dec 21, 2015, 13:44 GMT+00:00

Analysis and Recommendations: The EUR/GBP is flat along with most other currencies at 0.7295 with little to no data and nothing to cling to in the

EUR/GBP Fundamental Analysis – December 22, 2015 - Forecast

Analysis and Recommendations:

The EUR/GBP is flat along with most other currencies at 0.7295 with little to no data and nothing to cling to in the headlines. The pair is expected to remain flat through the holidays. Oil has slipped below levels last seen during the 2008 global financial crisis after OPEC effectively abandoned output limits at a Dec. 4 meeting and the U.S. passed legislation to lift a 40-year ban on crude exports. While the Federal Reserve’s rate increase removed a measure of uncertainty on financial markets, investors are still concerned that global growth remains vulnerable. Spain’s weekend election left Prime Minister Mariano Rajoy with limited options to forge a governing majority, threatening a period of instability.

FxEmpire provides in-depth analysis for each asset we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports, which covers the current week and are published by Sunday before the new week begins. Daily we share any new events, forecasts or analysis that affect the current day. To achieve a full accurate understanding it is important that you study all of our data and analysis as a whole.

Today’s economic releases:

Cur.	Event	Actual	Forecast	Previous
NZD	Westpac Consumer Sentiment (Q4)	110.7		106.0
JPY	BoJ Monthly Report
EUR	German PPI (MoM) (Nov)	-0.2%	-0.2%	-0.4%