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EUR/USD gains on US consumer confidence data, rise in German import prices

EUR/USD held firm to trade within a range of 1.2683-1.2710 for the majority of the morning session.

By Richard Nehme | Oct. 29, 2014 10:03 GMT
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EUR/USD held firm to trade within a range of 1.2683-1.2710 for the majority of the morning session. The only exception occurred during poor Core Durable Goods m/m reading, causing the pair to rally by 52pips. Once the data was fully absorbed by the market, the pair revalued back to trade around 1.2740 and this morning opened at 1.2735 [...]

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