EUR/USD: Euro is concluding this year in high spirits

The pair EUR/USD is traded upward at the Forex currency market on Friday morning on 31 December and continues to go up amid positive data on American economy, released yesterday, investors has began to actively buy high-yielding currencies.
 
By 9.45 Moscow time the Euro is at 1.3342 against closing session level of 1.3287 yesterday.
 
 Statistics on the U.S. economy, released yesterday showed that the system is recovering: number of requests for unemployment benefits fell by 34 thousand against the forecast of 5 thousand.
 
Markets in the many countries are closed today due to the New Year celebrations, however trading floors in the USA are open and at 17.45 Moscow time the data on the business activity level in Chicago is scheduled for publication as well as a number of several other indicators.
 
The day in going to be quiet at Forex in general, as it is the last day of this year.
 
Most likely the pair EUR/USD will not go beyond the range of 1.3250-1.3400 at the trading session on Friday.

 

[More]