Asian markets also flat. US Consumer Confidence much better than expected. Overnight, AUD CPI improved, JPY data flat and German Consumer Confidence dropped significantly (-15.6 from -7.5). Vaccine rollout continues apace in the UK but the virus death toll passed 100,000 yesterday and unemployment hit a new record. Trump impeachment likely to fail as only 5 of the required 17 Senate Republicans agree it should proceed.
Today – US Durable Goods, DoEs, FOMC rate decision & Fed Chair Powell press conference, NZ trade, ECB's Hakkarainen, Lane, Earnings from Apple, AT&T, Facebook, Boeing, Tesla, Blackstone.
Biggest (FX) Mover @ (07:30 GMT) GBPCAD (+0.28%) Rallied from open today following break of 20hr MA yesterday. Support now PP 1.7435 and testing R1 at 1.7490. Fast MAs aligned and trending higher, RSI 70 rising & testing OB zone, MACD histogram & signal line aligned higher and significantly north of 0 line. MFI in OB zone from earlier. H1 ATR 0.0012, Daily ATR 0.0103.
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