ForexLive European morning wrap: Our man Button the session winner via ForexLive

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Forex news from the European morning session 19 December 2014

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News:

Data:

It's been a typical pre-Xmas session with enough action to keep prices ticking over but with a distinctive feel of apathy too. But certainly the highlight has been Adam being awarded FX Street's Forex Person of the Year award. Top work fella.

Marketwise we've seen USDJPY try and clear 119.50 a couple of times but spent most of the session around 119.35 while USDCHF had a look over 0.9820 from 0.9790 before also retreating.

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EURUSD has huge option expiries at 1.2300 and 1.2350 and the early move higher failed at 1.2298 from 1.2280 and has since dropped to 1.2253 while GBPUSD, also with a large expiry at 1.5700 capped at 1.5683 to drift off to 1.5617 so far.EURGBP had a look at 0.7830 support but has since rallied above 0.7850

USDCAD bounced from 115.70 but failed at 1.1602 and has spent most of the session at 1.1595 while AUDUSD continues to trade between 0.8150-0.8200 and NZDUSD has similarly been quiet between 0.7750-0.7800.

It's Friday and the last real day of trading but most are already out to lunch. Let's see what our friends across the pond can breathe into it.

posted via ForexLive