The euro rose to the highest levels of the session against the U.S.
dollar on Wednesday after the release of U.S. economic data
differentiated, as investors continued to monitor negotiations between
U.S. lawmakers to avoid “financial crisis” looming before the deadline
at the end of the year.
EUR / USD hit 1.3254 during U.S. morning trade, the highest price of the session, the pair subsequently consolidated at 1.3246, up 0.4%.
The pair was likely to find support at 1.3157, the lowest price since December 21 and resistance at 1.3294, the highest level since Dec. 20.
The data showed earlier high Standard & Buserz Index was 4.3% in October of last year and exceeding expectations for an increase of 4%.
U.S. house prices rose in September by 3.0% unadjusted.
Month on a monthly basis, U.S. house prices rose by 0.7% and exceeding expectations for an increase of 0.5%, after rising 0.4% in the preceding month.
Market participants remained watching developments surrounding the financial crisis in the United States, which nearly $ 600 billion of tax increases and spending cuts automatic due to come into force on January 1.
Scheduled to return the Congress also to work on Thursday.
Without an agreement, the United States can be traced back to the recession and the withdrawal of a large portion of the world down with it.
It is expected that trading volume remains light because of the closure of many investors their profits before the end of the year, reducing liquidity in the market and increased volatility.
With them.
Elsewhere, the euro rose to its highest level in 16 months against the yen on a large scale with the rise in the euro / yen rate of 0.94%, to a record 113.01, the highest level since August 2011.
The markets in Europe remained closed Wednesday for the Boxing Day holiday.
EUR / USD hit 1.3254 during U.S. morning trade, the highest price of the session, the pair subsequently consolidated at 1.3246, up 0.4%.
The pair was likely to find support at 1.3157, the lowest price since December 21 and resistance at 1.3294, the highest level since Dec. 20.
The data showed earlier high Standard & Buserz Index was 4.3% in October of last year and exceeding expectations for an increase of 4%.
U.S. house prices rose in September by 3.0% unadjusted.
Month on a monthly basis, U.S. house prices rose by 0.7% and exceeding expectations for an increase of 0.5%, after rising 0.4% in the preceding month.
Market participants remained watching developments surrounding the financial crisis in the United States, which nearly $ 600 billion of tax increases and spending cuts automatic due to come into force on January 1.
Scheduled to return the Congress also to work on Thursday.
Without an agreement, the United States can be traced back to the recession and the withdrawal of a large portion of the world down with it.
It is expected that trading volume remains light because of the closure of many investors their profits before the end of the year, reducing liquidity in the market and increased volatility.
With them.
Elsewhere, the euro rose to its highest level in 16 months against the yen on a large scale with the rise in the euro / yen rate of 0.94%, to a record 113.01, the highest level since August 2011.
The markets in Europe remained closed Wednesday for the Boxing Day holiday.
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