ForexLive US Wrap: Risk Can't Rally Despite Greek Deal, Upbeat US Data

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US durable goods orders unchanged in October, core goods orders up 1.7% (much better than expected) Case-Shiller home price index rises 3% y/y in September Portugal says will get lower rates, longer loan terms like Greece Richmond Fed index +9 in November, much stronger than expected US consumer confidence rises to 73.7 in November from 73.1, highest in since March of 2008 French unemployment reaches 14-year high  Bank of Canada's Murray: Economy operating close to potential (suggests scope for higher interest rates ahead) Senate Democratic leader Reid: Disappointed at pace of fiscal cliff talks US consumer credit falls 0.7% in Q3 S&P 500 falls 0.5% US 10-yr note yield falls 2.7 bp to 1.64% EUR/USD lost ground in early US trade as markets were unable to take advantage of a string of better-than-expected US economic numbers. Ongoing fiscal cliff concerns and fears that the Greek debt deal ain't all its cracked up to be were a weight on the single currency. USD/JPY traded in a quiet consolidation, making for dull trade but painting a bullish backdrop on the medium-term charts.  82.02/82.28 was the New York range. Cable squeezed up to 1.6056 briefly, just high enough to trigger stops, before drifting back to close the day on its lows around 1.3010. AUD/USD fell on technical selling after breaking support around 1.0470/75. Sellers are seen on rallied to that level now with signs a short-term top may be in.
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