The final day of the year saw EUR/USD rising until the release of the US macroeconomic indicators for today. Then, the rally broke with the pair going down and then entering a sideways market.
S&P/
Consumer confidence decreased slightly from 126.8 in November to 126.5 in October, while traders expected a rise to 128.0. (Event B on the chart.)
If you have any comments on the recent EUR/USD action, please reply using the form below.