17 Feb 2015
EUR/USD muted on US data
FXStreet (Edinburgh) - EUR/USD keeps the trade above the 1.1400 handle after the US Empire State manufacturing index.
EUR/USD indifferent after the release
The pair remains in the upper end of the intraday range around 1.1410/15 after the Empire State Manufacturing index eased to 7.78 during January, missing estimates at 8.50 and down from December’s 9.95. In the meantime, the current EUR upside remains bolstered by the likeliness of an agreement between Greece and the rest of the EU officials.
Next on tap in the US docket will be the Housing Market index gauged by NAHB and the TIC Flows.
EUR/USD key levels
At the moment the pair is up 0.62% at 1.1417 with the next hurdle at 1.1443 (high Feb.13) ahead of 1.1499 (high Feb.5) and then 1.1535 (high Feb.3). On the flip side, a breakdown of 1.1321 (low Feb.17) would expose 1.1319 (low Feb.16) and finally 1.1300 (psychological level).
EUR/USD indifferent after the release
The pair remains in the upper end of the intraday range around 1.1410/15 after the Empire State Manufacturing index eased to 7.78 during January, missing estimates at 8.50 and down from December’s 9.95. In the meantime, the current EUR upside remains bolstered by the likeliness of an agreement between Greece and the rest of the EU officials.
Next on tap in the US docket will be the Housing Market index gauged by NAHB and the TIC Flows.
EUR/USD key levels
At the moment the pair is up 0.62% at 1.1417 with the next hurdle at 1.1443 (high Feb.13) ahead of 1.1499 (high Feb.5) and then 1.1535 (high Feb.3). On the flip side, a breakdown of 1.1321 (low Feb.17) would expose 1.1319 (low Feb.16) and finally 1.1300 (psychological level).