The end of year brings little to cheer!

Dollar and Euro Currency

As markets gear up for the New Year holiday there seems to be no respite for the Euro after yesterday’s Italian bond auction failed to meet its target. At home, data released this morning has highlighted the fragility of the UK housing sector, with the Nationwide house price index declining unexpectedly for December.

With European and US economic calendars offering very little today we expect trading to remain lackluster.

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The end of year brings little to cheer!

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