EUR/USD was moving sideways during the past two days. While there was positive news about the
S&P/
Richmond Fed manufacturing index dropped from 8 in October to -1 in November. That was a total surprise to analysts who were expecting just a small decrease to 6. (Event B on the chart.)
Consumer confidence fell to 125.5 in November from 126.1 in October instead of rising to 126.9 as experts had predicted. (Event B on the chart.)
New home sales were at the seasonally adjusted annual rate of 733k in October, down from the revised September rate of 738k (701k before the revision). The actual value was far bigger than 708k predicted by specialists. (Event B on the chart.)
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