EUR/USD jumped today to the highest level since November 4, but later declined. Currently the currency pair regained some of its strength after the report about slower growth of manufacturing in the US. EUR/USD trades at 1.4186 after jumping to the intraday high of 1.4248.
Richmond Fed manufacturing index fell from 20 to 25 in March, compared to the decline to 23 anticipated by market participants. (Event A on the chart.)
Yesterday, a report on existing home sales was released, showing the decrease from 5.40 million in January to 4.88 million in February. (Not shown on the chart.)
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