· US durable goods orders tumble, weighing on the US Dollar and DJIA throughout the day - EUR/USD dangerously close to record highs again.
· The final release of US Q4 GDP could shake the markets up if the data is revised higher or lower.
· Watch the 12,400 level for the DJIA - a close below would be quite bearish, a close above may be followed by gains toward 12,800.
· As usual, risks are tilted to the downside for carry trades and US stock markets.
[B]Stories to watch on DailyFX
[/B][B]·[/B] Carry trades have made a comeback and could continue to do so in the near-term. However, it is worth asking: Why Might the USDJPY Rally Be Short Lived?[B]
·[/B] ECB officials remain hawkish, supporting EUR/USD gains. Find out when they’re saying in DailyFX Central Bank Speak.
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