Forex: EUR/USD quiet after Greek retail sales
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EUR/USD
FXstreet.com (Barcelona) - The EURUSD remains under a strict range, just below the 1.3200 mark, after having fallen throughout the Asian session to as low as 1.3176 ahead of the European opening.
The economic calendar is pretty empty. Greece retail sales cleared the European morning with further contraction from -11.8% to -18.1% in October (YoY). Ahead is Dallas Fed manufacturing business index during the US session. Earlier in the day, HSBC revised its December China PMI from 50.9 to 51.5, a 19-month high.
"While support at 1.3143 holds, the risk is for resumption of strength", added the UBS analyst, pointing to resistance at 1.3308 ahead of 1.3386.
The economic calendar is pretty empty. Greece retail sales cleared the European morning with further contraction from -11.8% to -18.1% in October (YoY). Ahead is Dallas Fed manufacturing business index during the US session. Earlier in the day, HSBC revised its December China PMI from 50.9 to 51.5, a 19-month high.
"While support at 1.3143 holds, the risk is for resumption of strength", added the UBS analyst, pointing to resistance at 1.3308 ahead of 1.3386.
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