December 14, 2017
A quick look at the gainers and decliners in the forex trading today, shows that the AUD is the strongest of the majors. In Australia the employment report was "stunning" and that is contributing to the AUD's surge higher.
The ranges is showing the EURUSD and the USDJPY are really lagging in activity. Draghi speaks in a few and may light some activity into that currency. Despite the much better employment number out of Australia, the pair is only up 27 pips and off the highs. The range is only 47 pips and just below it's 22 day average. It's beginning to look a lot like Christmas perhaps.
