EUR/USD consolidates above 1.3630

FXStreet (Córdoba) - The EUR/USD stabilized above 1.3630 and has remained steady so far during the American session as Greenback consolidated losses after US economic data.

After the release of economic data in the US, with GDP and durable good orders below expectations, the EUR/USD jumped from 1.3609 to 1.3650, reaching the strongest level in two weeks. Afterwards retreated moderately, trimming some gains.

EUR/USD holds to gains

In the last hour it has been steady, moving in a small trading in a range with support above 1.3630 and resistance at 1.3645. Currently trades at 1.3637, up 0.22%: the best day in a week.

The Euro is rising for the third day in a row versus the US dollar and is headed toward the highest daily close in almost three weeks.

FX space is beclamed - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman said that the foreign exchange market is becalmed.
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USD/CAD retaining a heavy bias

USD/CAD is trading at 1.0718, down -0.22% on the day, having posted a daily high at 1.0753 and low at 1.0716.
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