EUR/USD fails to progress despite bad US data – 1.3409 resistance looms

FXstreet.com (Barcelona) – The EUR/USD got a pop after the awful US Durable Goods numbers came out but quickly tumbled back to the downside after only 30 minutes.

EUR/USD traders get German appetizer before US dinner later

After the putrid US Durable Goods numbers were released, the EUR/USD managed only to climb to 1.3393 before giving way and tumbling back into the sideways (for the week) quagmire it was in prior to the release.

Early Tuesday, traders will get German IFO Current Assessment, Business Climate and Expectations – which can, if they come in too far away from …read more