The US$ has been mixed again on Thursday, rangebound against the EU majors (although firm gains Cable), while remaining firm against the commodity bloc currencies. In terms of data the US initial jobless claims rose to 274k above expectation of 255k while the Durable Goods Orders fell by -4.6% mm in November, slightly better than expectation of -4.7%. The Q3 GDP was finalised at 3.5% annualised (exp 3.3%) while the GDP price index at 1.4%, as expected. Oil was higher, after an early dip, on the back of the solid US data, while the metals were heavy due to the prospects of a higher dollar
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|INDICES / COMMODITIES|
|ASX SPI: 5614|
|OIL (WTI): 52.92|
The post 24 Dec: US$, stocks rangebound against Europeans, firmer against commodity bloc currencies. appeared first on FX Charts Daily.