Euro/USD: Trading activity will be low for the Euro on Friday

The pair EUR/USD almost stands still at the Forex currency market on Friday due to the lack of external news.
By 8.00 Moscow time the Euro is at 1.4557 against closing level yesterday which was close to the current one.

The Euro had approached the 15-month highs yesterday in pairing with the USD amid risk aversion of the investors. News was not favourable to the USD either: number claims for unemployment benefit in the USA was above forecast; while FRB index of manufacturing activity in Philadelphia amounted to 18.5 points against 43.4 points in March. 

 In addition, negotiations between Republicans and Democrats in the U.S. government about the limit of size of the national debt do not support the Dollar either. 

Trading activity will be low at the trading floors today – most of the markets will be closed due to the Easter celebrations.

Most likely the pair EUR/USD will not go beyond the range of 1.4500-1.4590 at the trading session on Friday.

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