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EUR/USD extends the bounce beyond 1.3590

FXstreet.com (Edinburgh) – The bloc currency keeps the upper band of the range on Wednesday, with the EUR/USD trading in the proximities of the key 1.3600 handle.

EUR/USD muted on German Gfk

The pair almost posted no reaction after the German Consumer Confidence sponsored by the Gfk Survey surprised investors, climbing to 7.4 for the month of December vs. forecasts and November’s print at 7.1. Previous data in the EMU showed Spanish Retail Sales contracting at an annual pace of 0.5% during October, down from the 2.2% expansion registered in September. “The next key visible resistance is expected towards 1.3600 but …read more