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EUR/USD consolidates around the 1.09 area. Economists at Scotiabank analyze the pair’s outlook.

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<p>The Bank of Japan concludes its policy meeting on Tuesday.</p><p>As always, there is no firmly scheduled time for the announcement, expect it between 0230 and 0330 GMT (which is 2130 – 2230 US Eastern time). Bank of Japan Governor Ueda's press conference will follow at 06030 GMT (this is scheduled).</p><p>

<p>On Monday I posted on Russia's plans to further restrict oil exports:</p><ul><li><a href="https://www.forexlive.com/news/russias-novak-says-considering-additional-oil-export-cuts-of-about-50000-bpd-in-december-20231217/" target="_blank" rel="follow" data-article-link="true"&

<p>On Friday Federal Reserve Bank of New York President John Williams provided some push back against the speculation of a March rate cut from the Federal Open Market Committee (FOMC):</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-williams-if-we-get-the-progress-im-hoping-to-see-it-will-be-natural-to

<p>New Zealand trade balance data for November 2023:</p><p>The November month trade deficit is higher than expected. NZD/USD is little changed. </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>It's a big day on the calendar today.</p><p>New Zealand data fills in the first few hours, and then Reserve Bank of Australia minutes follow at 0030 GMT, preview here:</p><ul><li><a href="https://www.forexlive.com/centralbank/reserve-bank-of-australia-december-minutes-due-tuesday-q4-inflation-data

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<ul><li><a href="https://www.forexlive.com/news/us-december-nahb-housing-market-index-37-vs-36-expected-20231218/">US December NAHB housing market index 37 vs 36 expected</a></li><li><a href="https://www.forexlive.com/centralbank/feds-goolsbee-weve-seen-significant-improvement-on-inflation-20231