European stock indices finished Monday’s session higher as two critical factors lead to upbeat mood - signed Covid relief in the United States and EU-UK trade agreement, which was struck before Christmas. As a result major indices trade near record levels - both in the U.S. and in Europe. The German DAX closed 1.49% higher and managed to climb to fresh all-time highs today! However, DE30 (futures contract) is still to reach record levels. CAC 40 gained 1.20% while FTSE 100 will resume trading tomorrow as London Stock Exchange was still closed today.
Investors might have spotted some bigger moves on FX today as the U.S. dollar gained ground against its peers. EURUSD fell below 1,2200 for a moment while GBPUSD slid towards 1,3430. Gold prices have tested $1,900 mark twice, but failed to break above. Meanwhile, Bitcoin is trading near $27,000 in the evening.
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Create account Try a demo Download mobile app Download mobile appTomorrow’s economic calendar will be almost empty - just like today. Nevertheless, some might still want to pay attention to two readings: CB Consumer Confidence from the United States for December (revision) and API weekly crude oil stock. Therefore, headlines will likely play significant role. 
EURUSD started today’s session higher, yet the currency pair bounced off 1,2250 and changed direction. In order for a bigger move to occur, the currency pair would either need to climb above 1,2250 or fall below support level at 1,2150. Source: xStation5
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