On the eve of the main currency pair EUR / USD during the day trading within a narrow range of 1.3454 - 1.3473. On the background of an empty calendar macroeconomic market participants took a wait and trade took quite sluggish.Decline in yields on 10-year U.S. bonds, that are important enough for the currency market Forex, also acts as a deterrent to continue the bearish trend. As a result, trading day ended at around 1.3459.
Forex. Outlook for euro / dollar (EUR / USD) as of today July 23
Asian session and the morning trading in Europe, the single currency held in a very narrow range, balancing around the 1.3524 price level. Absence in this day own economic statistics, as well as positive expectations have allowed American news "bears" put pressure on the position of the euro and send a pair to test the November lows in 2012.
Sales in the secondary housing market in the U.S. in June to a seasonally adjusted 5.04 million made homes a year. This is the highest level since October. Some investors fear that the signs of improvement in the housing sector may prompt the Fed to raise rates at an earlier date.
China took another step with the aim of internationalization of their money.This week, the central bank and financial regulator Switzerland concluded a bilateral currency swap agreement in the amount of 150 billion yuan, or 21 billion Swiss francs. In dollar terms this transaction amounted to 24.4 billion