New Year’s Eve Means Trading With Mixed Performance

Major currency pairs have managed to hold within familiar levels on Thursday, trading in a mixed manner amid thinned market conditions.

Most financial markets will be closed on Friday, amid the New Year’s Eve holiday. Wall Street will operate normally, while the bonds markets will close earlier. Markets are likely to continue following the same mixed [erformance.

The macroeconomic calendar will remain empty through all Friday, although China will publish the December official PMIs.

Coronavirus contagions continue escalating to record cases. Italy reported 126000 new contagions, Spain 161000.

The EUR/USD pair is trading a few pips above the 1.1300 level, while GBP/USD managed to reach a fresh monthly high of 1.3521. The Canadian dollar was the strongest, as USD/CAD fell to the 1.2740 price zone.

The AUD/USD pair, on the other hand, met sellers for a second consecutive day around 0.7275. USD/JPY maintained a positive tone, trading at around 115.10.