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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.
FX Daily Daily Report December 26, 2013 The EUR/USD bottomed out at 1.3665 but the euro managed to bounce as the greenback lost momentum. At time of writing, the EUR/USD is trading at the 1.3695 […]
The Financial Conduct Authority (FCA) has published research findings into better understanding investors who engage in high-risk investments like cryptocurrencies and foreign exchange.
Euro/dollar The euro shot higher against the U.S. dollar on Friday, after data reports that the U.S. economy added fewer jobs than expected last month but weak German data pressure the single currency. The U.S. […]
