US existing
home sales came out better than expected last night at 10%, so we saw US bulls coming
back into the market.
Euro initially traded up to 1.4080 during the Asian and
European session before dropping down after the US home sales.
Sterling
will be on high alert today, so watch out for the UK GDP.
Data today
UK
GDP – 8.30am GMT
German GFK consumer confidence – 6am GMT
US consumer confidence – 2pm GMT
US house price index – 2pm GMT
No comments:
Post a Comment