Greenback mixed in commodities – FXStreet

FXStreet (Guatemala) – Valeria Bednarik, chief analyst at FXStreet explained that the dollar ended the day mixed across the board, higher against its European rivals, but down again commodity-related currencies, amid a comeback in oil prices.

Key Quotes:

“Thin market volume exacerbated some intraday moves, as New Year holidays loom. At the beginning of the US session, the country released its November trade balance, showing that the deficit widened to $-60.50 from October reading of $-58.41B.”

“The Conference board consumer confidence index, however, surged to 96.5 in December from 92.6 during the previous month.”

Valeria Bednarik, chief analyst at FXStreet explained that the dollar ended the day mixed across the board, higher against its European rivals, but down again commodity-related currencies, amid a comeback in oil prices.

(Market News Provided by FXstreet)