USD Dollar (USD)
The Dollar climbed after housing sales and durable goods orders were released higher than forecast. Markets in the US ended the day at the same levels it had at the opening bell. The Dow Jones rose 0.04% and the NASDAQ 0.01%. Crude oil dropped by 0.08% closing at 71.4$ after crude oil inventories came out higher than first expected. Gold (XAU) strengthened mildly and closed at 945.5$ an ounce. Today we have 2 very important released in the US. GDP is expected at -1.3% vs. -1% previously and Initial Jobless Claims is expected at 560K vs. 576K previously.
The Dollar strengthened nd may advance for a fourth day against the Euro as possible restrictions on industrial overcapacity in China and a better then forecast gain in durable goods orders encouraged investors to return to the Dollar. Overall, EUR/USD traded with a low of 1.4206 and with a high of 1.4350. Today, The GFK German Consumer Climate expected at 3.8 vs. 3.5 previously.
EUR/USD - Last: 1.4235