US new home sales rise slightly in September

Sterling Edges Higher following Solid GDP Data

USDX: US dollar strengthens on largely upbeat data

US Manufacturing Data Deteriorates

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  • H.S. Borji

    The euro edged higher against its US counterpart Friday, but the pair remained range bound despite upbeat German consumer confidence data. The EURUSD reached an intraday high of 1.2695. It would subsequently consolidate at 1.2672, advancing 0.2 percent. The pair is testing the 1.2677 technical resistance level. Above this, resistance is ascending from 1.2709. On […]

  • US new home sales rise slightly in September

    The sale of new US homes rose slightly in September following downward revisions during the summer, adding further evidence the housing recovery was gathering momentum. New US home sales advanced 0.2 percent in September to a seasonally adjusted annual rate of 467,000, the Commerce Department reported today in Washington. A median estimate of economists polled […]

  • USDX: US dollar strengthens on largely upbeat data

    The US dollar index advanced for a third consecutive day on Thursday, edging closer to the 86.00 level as a result of mildly upbeat economic data. The US dollar index, a weighted average of the greenback’s performance against a basket of currencies that includes the euro, pound, yen, franc, krona and Canadian dollar, increased 0.2 […]

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