Page 73 - Urrencies News Today

The US Dollar is attempting to extend its rebound from Thursday´s lows, yet with the pair still capped below previous support at 141.90, which leaves the 140.00 level on the bear´s focus.

The USD/CAD climbed back over the 1.3200 handle on Thursday, pulling back from recent declines but still on pace to close in the red for a third straight week.

- Price action subdued amid a holiday lull leading up to the New Year.

​​​The Euro (EUR) remains steady near recent highs on the last trading day of the Year, moving above 1.1050 after Wednesday´s pullback from the 1.1135 high.

The Australian Dollar is on a corrective reversal from multi-month highs at 0.6870, reaching intra-day lows right below 0.6800 as the US Dollar pares previous days’ losses in a light trading session.

EUR/USD reversed its direction and registered daily losses after touching its highest level since late July at 1.1140 on Thursday.

The Sterling trades under increasing bearish pressure after breaking below the base of a triangle pattern, at 180.80.

Here is what you need to know on Friday, December 29: Markets remain relatively calm on the last trading day of the year as trading conditions continue to thin out ahead of the long weekend.

A fifth of global oil trade this year was settled in currencies different from the U.S. dollar as countries such as Russia and China move away from the petrodollar

In a session marked by signs of year-end investor fatigue, U.S.