EUR/USD: Dollar makes attempts to regain
The pair EUR/USD is traded with minor fluctuations at the Forex currency market on Friday morning, because morning selling in the Asian session of the stock market did not encourage positive factor in the currency sector.
By 9.25 Moscow time the Euro is at 1.3715 against closing session level of 1.3733 yesterday.
In addition to the morning’s Asian factor, expectations of the strong statistics on U.S. GDP for QIV can contribute to consolidation of the USD positions; it is assumed that the data will show growth by 3.5% against the rise by 2.6% in QIII.
In general, the Unified European currency consolidated its positions by 1.7% in January against dual currency basket; the USD became “lighter” by 2.5%, Japanese Yen fell by 1.5%.
Most likely, volatility on the trading floors can increase in advance of the U.S. statistics release tonight.
Presumably, the pair EUR/USD will go beyond the range of 1.3620-1.3790 at the trading session on Friday.
