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Message: [QUOTE="MikhailLF, post: 157755, member: 42242"] [b]LiteForex analitics. Morning Market Review[/b] On Wednesday, the US dollar strengthened significantly against most majors, with the exception of the yen. Despite the correction that began during Asian trading, the US currency did not lose its accumulated advantage. The overall decline in the US stock market contributes to strengthening of the dollar. Investor interest in the USD returns amid fears of a slowdown in economic growth in the world in general and in China in particular. Macroeconomic events that can affect the dollar rate today include statistics from the United States on ADP Nonfarm Employment Change (15:15 GMT+2), Initial Jobless Claims (15:30 GMT+2), as well as statistics on ISM Manufacturing PMI (17:00 GMT+2). It is expected that ADP Nonfarm Employment Change will remain unchanged at the level of 179K in December, and the number of initial jobless claims will rise to 220K per week from 216K a week earlier. SM Manufacturing PMI is expected to decline to 57.7 points in December from 59.3 points a month earlier. If the forecasts prove right, the rate will fall under pressure. EUR/USD Quotes of the pair EUR/USD decreased to 1.1361 due to the strengthened USD. In the absence of news from euro area, the movement of the instrument will be influenced by the statistics from the United States. GBP/USD Quotes of GBP/USD went down to 1.2547 under pressure of the strengthening USD. Today, investors will focus on Construction PMI in the UK. The indicator is expected to fall to 52.9 points in December from 53.4 points a month earlier. If the forecast proves right, the pound may fall under pressure. USD/JPY After active decline and testing the support level of 104.68, during the Asian session, the USD/JPY quotes managed to recover some of the lost positions, correcting to the area of 106.70. Today, the stock exchanges in Japan are closed, so the dynamics of the instrument will be influenced by news from the United States. AUD/USD Quotes of the AUD/USD pair during the Asian session fell to the level of 0.6762, after which they corrected to the level of 0.6958 rather quickly. Due to the absence of significant macroeconomic releases in Australia, the movement of the instrument is mostly technical. Gold Quotes of gold demonstrate a positive trend during the Asian trading having reached 1290.00. [/QUOTE]

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