EUR/USD declined today on the mainly negative fundamental data that came out from the Eurozone today, while the positive U.S. statistics didnt help the euro Forex bulls much. The currency pair is now trading near 1.3942.
S&P/Case-Shiller seasonally adjusted home price index for the 20 U.S. states was reported with a year-to-year change of -18.69% in March, following -18.66% change in February. It was expected to be reported at -18.4%.
Consumer confidence index increased sharply from 40.8 to 54.9 in May. The Aprils value was upwardly revised from 39.2. The forecasts were pointing at 42 as a new value for the index.
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- May 26, 2009
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