Market participants are likely to keep a close eye on currency strength and weakness as markets around the world close for Christmas

Market participants are likely to keep a close eye on currency strength and weakness as markets around the world close for Christmas

25.12.2025

In the U.S. currency market yesterday, the U.S. dollar rose against the euro. The EUR/USD pair fell from 1.1807 to 1.1772. On the hourly chart, the price dropped from the +2σ to the -2σ of the Bollinger Bands. On the 4-hour chart, the RSI fell from 70 to 53. While the price has fallen just below the 20-day moving average, the uptrend along the 10-day moving average on the daily chart remains intact.

Among European currencies, the Swiss franc, which had been hitting record highs, fell against the yen. The CHF/JPY pair dropped from 198.370 to 197.316. On the hourly chart, the price has moved from above the 20-period moving average (MA) to below it. On the 4-hour chart, the price is breaking below the uptrend line drawn along the 20-period MA, and on the daily chart, the RSI is showing divergence.

Today’s economic indicators include Japan’s foreign and domestic securities investment data at 8:50 a.m., remarks by Bank of Japan Governor Ueda at 12:30 p.m., and Japan’s housing starts and construction orders at 2:00 p.m. Please note that most major markets, including those in Europe, the U.S., and Singapore, will be closed today for Christmas. With markets around the world closed, we will carefully assess currency strength and weakness.