EUR/USD: Euro is rising amid external positive factor
The pair EUR/USD is traded upward at the Forex currency market on Thursday morning, supported by external positive factor and continuation of rally at the capital markets.
By 9.40 Moscow time the Euro is at 1.3131 against closing session level of 1.3098 yesterday.
Such long-awaited statistics on the U.S. GDP for QIII, released yesterday, was weaker than predicted, demonstrating the growth of revised value by 0.1%, to the level of 2.6% (market expected 2.7%), which caused reduction of traders’ interest in the USD.
Due to the shortened work week (trading floors will be closed tomorrow in many countries) the major statistics data will be released today, therefore market volatility can increase.
Most likely the pair EUR/USD will be in the range of 1.3100-1.3280 at the trading session on Thursday.
