Before Christmas, The Market Is Slack, And The Dollar Has A Stronger Potential.

On Thursday (December 24th), the US dollar, euro and yen fluctuated little during the Asia Pacific period. Most Western markets had closed for Christmas and year-end holidays.

But investors still expect the dollar to have stronger potential next year.

The data released by the US on Wednesday were mixed and did not bring any real guidance to the market.

The US core capital reserve fell 0.4% in November, but personal income increased for eighth consecutive months, December.

Confidence index also hit a 5 month high.

But analysts at BNPP in Paris expect the dollar to rise further.

In the customer report, the bank pointed out that "if the US data is still basically consistent with the Fed's expectations, we think the dollar will have a positive start in 2016, because the interest rate market will absorb more space for the fed to raise interest rates.

This week we withdrew our proposal for us dollar spot trading, but we will consider re establishing multiple positions in early 2016.

Meanwhile,

Keeping most of the gains overnight is benefiting from the rebound in oil prices.

The Canadian dollar was 1.3843 against the US dollar, which was 1.4003 off last week's last 12 years.

The impact of last week's BOJ's fine-tuning stimulus policy has been completely put behind. This trading day has not been very responsive to the minutes of the November meeting of the Bank of Japan.

All this has softened the US dollar index to 98.256, far below the 99.29 highest point hit last Thursday, and the US dollar index has fallen back to the pre Fed level.

In addition, the Australian dollar and the NZD rose against the US dollar, respectively, near 0.7255 and 0.6800, after rising 0.7097 and 0.6688 respectively from last week's low.

Intra day traders said the two currencies had been supported by large and medium investment investors, indicating that some people were still pursuing high returns.

Beijing time 13:45, the US dollar index was 98.16, the US dollar / yen reported 120.74/57, the euro / dollar reported 1.0934/36, the British pound / US dollar reported 1.4881/86, the Australian dollar / US dollar reported 0.7255/59, the NZD / USD reported 0.6802/04.