Market Overview

EUR/USD Higher, Euro Area Construction Output Improves

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EUR/USD is trading at 1.1168, up 0.0016.

Market chatter about weekend global headline news has kept buyers and sellers active in a narrow range.

Eurostat reported that Construction Output in the Euro Area rose 3.1 percent year over year in July versus a 0.6 percent rise in June. It is was biggest gain in five months, building construction rose 3.2 percent and civil engineering rose 2.9 percent. On the month construction output rose 1.8 percent versus a rise of 0.3 percent in June.

Posted-In: EUR/USD euroFutures Forex Markets

 

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