Today's news is no news for the U.S. CB Consumer confidance (Conference Board Consumer confidance). EURO currency uptrend in this week at 1.3830 price level, if expectations of U.S. consumer confidence increases, the likelihood of currency movements will be strengthened and the U.S. is estimated at close to the price at 1.3700 today. But the actual data released today by the U.S. economy showed that the Consumer confidance fell to 71.2 % from 75.2 % .
By getting down its expectations of U.S. consumers, making the movement today DOLLAR currency weakened against other currencies. DOLLAR currency weakened against the Euro as news is actually released , the price of EURO currency before moving news in the lowest level of 1.3753. And so the actual news release showed a decrease to 71.2 % and bullish Euro strengthened to 1.3811 price level. For more details can be seen in the image below. EURO not be moved to the 1.3700 price level due to release CB Consumer news confidance.
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