Day: July 19, 2016

EUR/USD Declines Without Much Regard for Fundamentals

The US dollar is strengthening against the euro for the most part of the day today, without paying attention to reports released in the eurozone or the United States. The general market sentiment is skewed into risk-aversion as traders and investors remain worried about the Brexit. Housing starts rose from the seasonally adjusted annual rate of 1.135 million units to 1.189 million units in June. A growth to 1.165 million was expected. Building permits increased from […]