EUR/USD returned to the upward daily trend today after pausing in an uncertainty yesterday. The main driver for todays growth was the stock market rallies in U.S. and Europe that dont have any fundamental background but are rather based on the fact that the traders are already tired of the selling and see some
Wholesale inventories decreased by 1.1% in October after falling by 0.3% in September (revised down from -0.2%). The market analysts forecast 0.2% gain for October.
Crude oil inventories increased by 0.4 million barrels last week — the same as the week before.
U.S. treasury budget deficit in November was at $164.4 billion — thats worse than a year ago ($98.2 billion deficit) but slightly better than the expected $171 billion deficit for November.
