Wall Street Analysts Weigh in on Latest NFP Data 
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The US dollar index pared some of its gains after US CPI data. Headline CPI came in line with expectations at 3.1%. On a monthly basis, headline CPI rose 0.10% m/m while core CPI surged 0.30% mom. Markets eye US Fed monetary policy for further movement.
Major resistance- 104.30,105
Major support- 103.25/102.40.
EURUSD-
EURUSD is trading in a narrow range ahead of Fed policy. Markets will watch for Fed dot plot and economic projections for further clarity. German ZEW economic sentiment rose to 12.8 in Dec, compared to a forecast of 8.8%.
Major resistance- 1.0830,1.09000
Major support- 1.0750,1.0660
Yen-
The Japanese Yen remains directionless ahead Fed funds rate. Japan's Tankan's manufacturing index rose to 12 vs. an estimate of 10.
Major Resistance- 146.60,148
Major support- 144.80, 143
Pound sterling
The pound sterling trades flat ahead of UK GDP data. The claimant count change in the UK declined -11.2k compared to a forecast of -12.4k. The unemployment rate remained steady at 3.7% below expectations of 3.8%. Markets eye US Fed and BOE monetary policy for further movement.
Canadian dollar -
USDCAD showed a minor pullback due to declining oil prices. Investors await Crude oil inventories data today. Major resistance- 1.36250/1.3660. Major support- 1.3540/1.3475.
Economic calendar -
Dec 12th, 2023, UK GDP (7 am GMT)
US PPI m/m (1:30 pm GMT)
US federal funds rate(7 pm GMT)
