# Forex Major Currencies Outlook (Dec 27, 2017) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-dec-27-2017/ Language: en Updated: 2017-12-27 Description: Explore Forex Major Currencies Outlook (Dec 27, 2017). USD The. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The dollar has been on strong footing lately as Trump recently signed the tax bill into law. This would mean stronger business investment, consumer spending, and overall growth down the line, likely keeping tightening expectations in play. Only the CB consumer confidence index and the pending home sales report are due from the US today, and both are expected to show strong gains. **EUR** European banks have been closed on holidays for the first couple of days of the year and are set to reopen today. However, there are still no reports due and the next ones aren’t out until Friday. These would be preliminary CPI readings from its top economies, set to shape expectations for the region’s figures and monetary policy changes. **GBP** The pound was able to hold its ground against most of its counterparts when the EU issued its directives for Brexit, which included the two-year transition period. This could pave the way for easier adjustment, particularly for businesses in the UK. Banks will also reopen today and the UK High Street lending numbers are due. **CHF** The franc was unable to establish a clear direction as it mostly reacted to currency-specific factors. However, today has the UBS consumption indicator lined up, along with the Credit Suisse Economic Expectations report. Upbeat results could allow the franc to rally while a weak outlook could spur losses. **JPY** The yen gave up ground as bond yields favored the US dollar and other higher-yielders. Besides, the lack of tightening sentiment from the BOJ last week kept bulls disappointed. Japanese housing starts data are due today but sentiment could continue to push yen pairs around. Retail sales and industrial production are due in the next Asian session. **Commodity Currencies (AUD, NZD, CAD)** The Aussie has been on a tear thanks to the RBA’s less downbeat tune while the Loonie managed to recover its previous losses. Data from Canada has been mostly upbeat in the past week and crude oil remains supported. Crude oil inventories data due later in the week could push the Loonie around while Australia has its private sector credit data due. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-dec-27-2017/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-dec-27-2017/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-dec-27-2017/", "headline": "Forex Major Currencies Outlook (Dec 27, 2017)", "inLanguage": "en", "datePublished": "2017-12-27T09:50:24+00:00", "dateModified": "2017-12-27T09:50:24+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Dec 27, 2017). USD The. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.", "image": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png" }, "author": { "@type": "Organization", "@id": "https://www.tradersway.com/#organization" }, "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": [ "Organization", "FinancialService" ], "@id": "https://www.tradersway.com/#organization", "name": "Trader's Way", "alternateName": "TradersWay", "legalName": "TW Corp LLC", "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.", "url": "https://www.tradersway.com", "foundingDate": "2011", "logo": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png" }, "address": { "@type": "PostalAddress", "streetAddress": "No. 9 Cassius Webster Building, Grace Complex", "postOfficeBoxNumber": "1330", "addressLocality": "The Valley", "postalCode": "AI-2640", "addressCountry": "AI" }, "contactPoint": { "@type": "ContactPoint", "contactType": "customer support", "email": "support@tradersway.com" }, "areaServed": "Worldwide, excluding the United States and the United Kingdom", "knowsAbout": [ "Foreign exchange trading", "Contracts for difference", "Leveraged trading", "Precious metals trading", "Energy commodities trading", "Stock index trading", "Cryptocurrency trading", "MetaTrader 4", "MetaTrader 5", "cTrader" ], "sameAs": [ "https://www.trustpilot.com/review/www.tradersway.com", "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers", "https://www.youtube.com/channel/UChRC072YJGlNNNYhg_0hZeA", "https://www.facebook.com/tradersway.forex.broker", "https://twitter.com/TradersWay", "https://www.instagram.com/traderswayforex/", "https://t.me/tw_eng" ], "identifier": { "@type": "PropertyValue", "propertyID": "Anguilla company registration number", "value": "A000001731" }, "location": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Radnicka 147", "addressLocality": "Valjevo", "postalCode": "14000", "addressCountry": "RS" } } }, { "@type": "WebSite", "@id": "https://www.tradersway.com/#website", "url": "https://www.tradersway.com", "name": "Trader's Way", "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": "BreadcrumbList", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-dec-27-2017/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.tradersway.com/" }, { "@type": "ListItem", "position": 2, "name": "Resources", "item": "https://www.tradersway.com/resources/" }, { "@type": "ListItem", "position": 3, "name": "Market Info", "item": "https://www.tradersway.com/resources/market-info/" }, { "@type": "ListItem", "position": 4, "name": "Forex Major Currencies Outlook (Dec 27, 2017)", "item": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-dec-27-2017/" } ] } ] } ``` ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Person", "@id": "https://www.tradersway.com/#wayne-mcdonell", "name": "Wayne McDonell", "jobTitle": "Chief FX Strategist", "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".", "worksFor": { "@id": "https://www.tradersway.com/#organization" }, "knowsAbout": [ "Foreign exchange market", "Technical analysis", "Fundamental analysis", "Forex trading strategy" ], "sameAs": [ "https://www.youtube.com/c/tradersway" ] }, { "@id": "https://www.tradersway.com/#organization", "employee": { "@id": "https://www.tradersway.com/#wayne-mcdonell" } } ] } ```