State of the market

 A decreased activity is traced during the trades in the Asian session due to the preparations before Christmas, while maintaining a multidirectional dynamics. Euro showed noticeable movement at the beginning of the day due to the results of voting in Catalonia, where a separatist party won. This renewed fears about the integrity of Spain and the eurozone.

As a result, the pair EUR/USD fell sharply, but after recovered based on low market activity and low trading volumes. But, along with this, concerns about the euro persist, which can act as a driver for the movement in a low-liquid market on the eve of the New Year holidays.

Fig. EUR/USD. The current price is 1.1850.

Hanzenko Anton