New York Session |
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When the dust settled after a tumultuous NY trading session, the buck stood higher against most of the majors. US economic data was overall USD positive but was mostly ignored. Pending home sales fell more than expected and suggest the US housing market will continue to tread water. Meanwhile, consumer confidence indicators were up while wholesale inventories beat market expectations -- suggesting the US economy continues to hang in there. EUR/USD was choppy for the
Filed under: Technical
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