From Marc Chandler at Bannockburn Global Forex:
The US capture of Venezuelan leader Maduro and his wife is the key talking point today. The immediate market fallout has been minimal. Oil prices are little changed. The dollar is mostly firmer against the major currencies and most emerging market currencies. The PBOC set the dollar’s reference rate at a new low since October 2024. Equities are mostly higher and benchmark yields softer.
Prices:
G10
• The euro extended its pullback that began on Christmas Eve and with today’s losses to almost $1.1670, met the initial retracement objective of its rally since late November. Nearby support is seen near $1.1650, while initial resistance may be encountered in the $1.17 area....
....MUCH MORE
