August 17, 2026
11 °C London, UK

Serving Intelligent Investors

EUR/USD higher on soft U.S. housing data

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.

Previous Article

Italy’s economy

Next Article

Gold-Weekly outlook

You might be interested in …

btcusd

Bitcoin technical analysis

Bitcoin is in a clear bullish path and soon will challenge the all time high area at 4921. It looks like the Catalonian leader speech add more confidence to the buyers, and sent the cryptocurrency […]

Forex Market News

Dollar/yen is down to ¥102.30 after starting the year above ¥105. South Africa’s rand at a 5-1/2 year low The Turkish lira tumbled 1.6% to a record low of 2.3360 per dollar The ¥103 level […]