Thursday, 24 October 2013

EUR/USD Steady 24 October 2013

EUR/USD remains high in Thursday trading. The pair has dipped below the 1.38 line in Thursday’s European session, as the European PMIs were weak across the board – French, German and Eurozone indicators all missed their estimates. The Spanish Unemployment Rate dropped slightly, to an even 26.0%. It’s a busy day in the US, with three key releases – Unemployment Claims, Trade Balance and New Home Sales.

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