EUR/USD dropped today, erasing its previous gain, even after the talks about the Greek bailout have ended with success. Fears that the indebted country may leave the eurozone added to worries about the attempts of Catalonia to gain independence from Spain. In contrast, the news from the United States was positive, including growing manufacturing and improving consumer sentiment.
Durable goods orders were almost unchanged in October, while market analysts have expected them to fall by 0.6%. The September increase was revised down from 9.9% to 9.2%. (Event A on the chart.)
Richmond Fed manufacturing index climbed to 9 in November from the October’s reading of −7. The predict figure was -2. (Event C on the chart.)
Consumer confidence rose to 73.7 in November from 73.1 in October. Analysts have expected no change. (Event C on the chart.)
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