The FxPro Analyst Team

Midday EURUSD roundup


The single currency has added to the dollar on Thursday morning. EURUSD is trading near 1.1380 attempting to gain above the support at the 1.13 level it reached yesterday.

Bearish: The weak data of the wholesale prices in Germany are also stocking up against the Euro at 0.0% with the expected +0.5%, alongside the four months of the eurozone’s foreign trade surplus decline.

Bullish: the Euro got support on the back of the announcement of trade talks between China and the U.S.

Next focus on: U.S. Building Permots and Housing Starts data.