The program will be loaded again on the side of the United States today :

The economic calendar of this Friday, December 22 will be quite busy in US publications potentially influential on the Forex.

8am: This morning we will first follow the consumer confidence Gfk in Germany, expected a slight increase to 10.8 against 10.7 previously.

14:30: In the afternoon traders will monitor orders for durable goods, scheduled for 2.0% after the decline of -0.8% the previous month. Core orders are expected at 0.5% vs. 0.9% previously.

14:30: At the same time we will also have household spending, expected at 0.5% after 0.3%. The core PCE is forecast at 1.5% y / y against 1.4% previously.

16h: Then we will follow the US consumer confidence index according to the University of Michigan, where the consensus predicts 97.1 after 96.8 previously.

16h: Finally we will have sales of new homes, planned down -4.7% against 6.2% previously.

EUR / USD fundamental analysis

The EUR / USD has suffered downward pressure following the Catalan vote, but the Euro seems to be holding up for the moment. This afternoon the attention will turn to the Dollar, where several US statistics are expected. The core durable goods orders, the PCE core y / y and the UMich will be three publications likely to impact the Forex and the pair today. However, once again, we urge you to be cautious in these conditions of low liquidity market as Christmas holidays approach.