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EUR/USD Ranging while Macroeconomics Show No Surprises

June 14, 2007 (Last updated on November 29, 2009) by

Today, Forex was pretty calm for EUR/USD pair with the only spike to 1.3279. But this day was rich on the macroeconomic releases bot from Eurozone and U.S. Though, they were in the bounds of experts’ expectation. European CPI came out to be slightly lower than expected in month to month representation. U.S. jobless claims were one thousand lower than expected, but the previous number was revised towards a bit higher value. Producers Price Index in U.S. increased better than expected — 0.9% against 0.6%.

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