· US durable goods orders tumble, weighing on the US Dollar and DJIA throughout the day - EUR/USD dangerously close to record highs again.
· The final release of US Q4 GDP could shake the markets up if the data is revised higher or lower.
· Watch the 12,400 level for the DJIA - a close below would be quite bearish, a close above may be followed by gains toward 12,800.
· As usual, risks are tilted to the downside for carry trades and US stock markets.
Stories to watch on DailyFX
· Additional rate cuts by the FOMC are likely. Find out why in Watch What the Fed Watches.
· ECB officials remain hawkish, supporting EUR/USD gains. Find out when they're saying in DailyFX Central Bank Speak.
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