The dollar keeps the positions from Friday. The consolidation process of Euro-Dollar at 1.4800/30 continue after the better than expected U.S. Existing Home Sales. The forecast for January was 4.80M while the release data at 10 AM today was 4.89M. The Existing Home Sales still going lower from the prior month at 4.91M. The dollar trading is in very low range today as still is waiting for new signs for the situation of the world biggest economy. The traders expect tomorrowâ€™s key Consumer Confidence report that in the last month was at very low-level signal for recession in United States. At the same time the oil prices remain close to $100 for barrel that continue to push new negative signals for the U.S. economy.
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