US stocks closed higher again on further easing of concern over Omicron. The US$ is little changed but the main trading point to note is the relative strength with the commodity currencies. The Aussie and Kiwi are both looking rather supported.

NB: there won’t be a daily update for tomorrow, Friday 10th December. Please be aware that US CPI data is released tomorrow so watch this for any impact on the USD and USD currency pairs.

Data: a relatively quiet data day.

DXY daily: consolidating ahead of Friday’s CPI:

Trend line breakouts:

AUD/USD 4hr: watch for any continued mean reversion:

NZD/USD 4hr: watch for any continued mean reversion:

EUD/USD 4hr: watch for any continued mean reversion:

S&P500 4hr: watch 4,700 for any new make or break:

Other markets:

ASX-200 4hr: watch 7,400 for any new make or break:

Gold 4hr: watch for any new TL b/o:

GBP/USD 4hr: watch for any new TL b/o:

GBP/JPY 4hr: watch for any new TL b/o: