Light data docket sets up mixed picture ahead of European trading

<p>There isn't much on the data docket to kick things off in the new week in European trading later. The dollar is trading more mixed on the day, with USD/JPY having earlier touched a low of 148.90 before holding around 149.15 currently – still down 0.2%. But commodity currencies are marginally lower against the greenback, as US futures are trailing for the time being.</p><p>That is setting up for a bit of a mixed picture as we await European morning trade, although gold is fancying its chances of a technical break as noted <a href="https://www.forexlive.com/news/gold-looks-to-seal-a-technical-break-higher-in-trading-today-20231127/" target="_blank" rel="follow">here</a>. Considering the lack of key items on the economic calendar, we might be in for a more tepid and mixed mood session later in the day.</p><p><strong>0900 GMT – SNB total sight deposits w.e. 24 November<br>1100 GMT – UK November CBI retailing reported sales</strong></p><p>That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.</p><p><br></p>

This article was written by Justin Low at www.forexlive.com.