FXstreet.com (Sydney) - The EUR/USD has done little in the last few days, currently trading where it was 24 hours ago, 1.4988. After posting intraday highs of 1.5047, the pair could not hold above 1.5000 dropping sharply to 1.4967 before staging a recovery. The pair is finding support at 1.4690 and resistance at 1.5030.
It was a bank holiday in the US and with major economic news being made. Today however, unemployment data is expected to be published and later, Federal Budget data. Further fluctuations on the pair may depend on both results. Meanwhile gold, a recent beneficiary of the dollar's weakness is currently trading at USD 1116.15.