MoMUSD is the strongest. NZD is the weakest
The USD is leading the league tables today one day after the FOMC meeting. At the other extreme is the NZD which fell the most against the major currencies despite a better than expected GDP (0.9% vs. 0.8% est).
The USD is stronger against all the major currencies. The USDJPY and USDCAD have risen the least (up only 0.25% and 0.32%).
The ranges for the day so far are near the averages over the last 22 trading days (see bottom chart below) with the exception of the USDJPY and USDCAD (a lesser extent). The dollar is more near the highs against the major pairs.
The weekly initial jobless claims will be released at 8:30 AM ET with expectations of 275K vs. 282K. The Philadelphia fed business Outlook will also be released for December (estimate 1.0 vs. 1.9 last month). Finally, the US current account for the 3rd quarter is estimated to show a deficit of 118.6 billion vs. 109.7 billion in the 2nd quarter. At 10 AM US leading indicators for November will be released with 0.1% estimate vs. 0.6% last month.
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