EUR/USD traded at a level of 1.3787 to 1.3830 before consolidating at 1.3792 at the end of the trading session on 21th April . On 22th April , 7:16 GMT, the EUR/USD traded at 1.3801, a 0.06% increase for the day.
Euro zone
As per the median estimate by experts, the euro zone consumer confidence increased to -9.2 in April from that of -9.3 in March 2014.
The preliminary data on consumer confidence will be provided by the European Commission two weeks before the final evaluation and is expected to release the official data at 14:00 GMT on April 22. The euro will see better support if the reading turns out to be higher than expected.
United States
In the United States, the National Association of Realtors (NAR) will report on existing home sales in March at 14:00 GMT on April 22. The index of existing home sales slid down by 0.4% to a level of 4.6 million in February when compared to January.
Since the months of March through June are considered to be the active house-purchasing period in the United States, a close watch on the statistical data will provide a signal of weakness or strength in the US housing market.
No comments:
Post a Comment