EURUSD

December 20,

Euro, today’s Asian time also trending higher

Last night even the euro continued to rise from the Asian time, but the material shortage and the liquidity of the market were declining, but once the date changed the price rose rapidly to 1.1834. After that, it was affected by a slight rise in US long-term interest rates and it fell backward. As a result, trading began in the latter half of Asia hour early morning 1.17.

After that, euro buying progressed in almost one direction, and it reached 1.18 units in Europe time.

Regarding the US tax reform proposal, adjustment of detail has almost finished already, and decisions made by the upper and lower house during this week are considered to be mostly taken into account. As long as there is no surprise this time, it seems that it will lead to further rise in key country stock price, but the influence on exchange rate seems to be small.