International News
EUR/USD spent the day on a downward trend yesterday opening at a high for the day of 1.2469 before retreating lower to 1.2381 as comments from FOMC Vice-Chairman Stanley Fischer indicated the FOMC were closer to removing the ‘considerable time’ language from their forward guidance
Then in the afternoon we had the US Redbook index report coming out slightly better than expected, but the good news mainly came from Constriction spending, expected at 0.5%, and came in at 1.1% for the month of November. EUR/USD closed the day at the week high of 1.2390 [...]
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