It is the holidays’ season and trading on Tuesday is expected to be within tight ranges after EUR/USD the Christmas holiday on Monday and with investors
EUR/USD Forecast Dec. 27, 2011, Fundamental AnalysisIt is the holidays’ season and trading on Tuesday is expected to be within tight ranges after EUR/USD the Christmas holiday on Monday and with investors sidelined ahead of the end of the year and an infamous low volume trading week.
The eyes this week are only on the Italian debt sale and that summarizes it with nothing major waiting and choppy and tight trading ranges are expected to dominate investors and the market during this week in general.
The United States will release the Consumer Confidence for December at 13:00 GMT which is expected to rise to rise to 58.5 from 56.0.