EUR/USD is unchanged on Monday, continuing the lack of movement which marked the pair at the end of last week. Early in the North American session, the pair is trading at 1.0970. Since then, the euro has been generally stable, holding its own against the US dollar, despite the historic rate hike by the Federal Reserve last week.
In the US, November’s durable goods reports were unimpressive, underscoring weakness in the US manufacturing sector. Core Durable Goods slipped by 0.1%, short of the forecast of a 0.1% gain….
EUR/USD – Euro Remains Range-Bound
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