US small business optimism rises in December

FXStreet (London) - The US Small Business Optimism Index rose to 100.4 in December, beating expectations of a rise to 98.5, according to the National Federation of Independent Businesses.

According to the survey carried out by the NFIB 16 percent of employers think it is a good time to expand and the percentage of employers anticipating job creation rose to 15 percent.

Employers with jobs not able to fill rose to 25 percent. Firms seeing easier credit conditions rose to -5 percent. Firms expecting positive earnings trends rose to -15 percent. Firms expecting compensation to grow rose to 25 percent.

However, Percentage of firms expecting a better economy fell to 12 percent.

USD/JPY still within the 117.74-120.83 range - Scotiabank

Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, shares that USD/JPY still trades within its almost month long range of 117.74-120.83, expecting the pair to move higher post interrupted periods of risk aversion.
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USD/CAD eases from highs

After knocking on the 1.2000 doors earlier on during the European morning, USD/CAD sparked a correction lower to the current mid-1.1900s...
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