EUR/USD: Euro grows in absentia of external negative factor

The EUR/USD is traded upward art the Forex currency market on Tuesday in expectation of the release of weak statistics on the U.S. real estate market later this week. 

By 10.00 Moscow time the Euro is at 1.3215 against closing session level of 1.3164 yesterday.

Trading is quiet today again, external background is stable. The world is prepared for the New Year celebrations.

Worth paying attention statistics of today is the U.S. index of consumer confidence data for December which is scheduled for the release at 18.00; however surprises are not expected.

Thus, as long as there are no evident negative factors for the Euro, the currency will consolidate gradually. It should be also considered that the market is thin.

Most likely the pair EUR/USD will be in the range of 1.3120-1.3290 at the trading session today.

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