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In trading on Friday, EUR/USD was up 0.32% at 1.3398, up from a session low of 1.3334 and off from a high of 1.3410.
The pair was likely to find support at 1.3298, Thursday’s low, and resistance at 1.3452, Tuesday’s high.
The Commerce Department reported earlier that new home sales in the U.S. dropped 13.4% to 394,000 units in July, far worse than market expectations for a 1.4% decline.
RBNZ will maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment objectives. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large Scale Asset Purchase and Funding for Lending programmes unchanged
CFTC announced that Judge Max O. Cogburn Jr., of the U.S. District Court for the Western District of North Carolina, entered a consent order against Mark N. Pyatt
EUR/USD buy signal The pair has been trading sideways since the Brexit decline. The lower level is at 1.0980 and the top at 1.11. The ECB will cut rates by the end of 2016 and […]
