Posts Tagged ‘American housing data’

A Watch-and-Wait Week: Eyes on the Euro and Shanghai Composite index?

Monday, April 25th, 2016

Eyes on the Euro?

There are a few key points to mention in this latest segment of online Forex trading news.

This week, the relationship between the dollar and the euro remained relatively unchanged after unexpectedly weak American housing data was released.

Analysts had expected the market to rise a single percentage point and yet, statistics showed that sales dropped 1.5 per cent.