EUR/USD Settles Flat After Rising Earlier

EUR/USD rallied on Monday but lost its gains later and settled near the opening level. Trading was relatively quiet, with absence of any major events.
NY Empire State Index climbed to 10.1 in April from 3.7 in March. Analysts had predicted a smaller increase to 8.1. (Event A on the chart.)
Net foreign purchases were at $51.9 billion in February. That is compared to the predicted figure of -$18.2 billion and the January reading of -$7.2 billion. (Event B on the chart.)

If you have any comments on the recent EUR/USD action, please reply using the form below.

Leave a Reply

Your email address will not be published. Required fields are marked *

seventy three + = 76