The Euro decreased versus the U.S. dollar

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Source: Forexpros

The Euro fell versus the Greenback on Friday despite the weak U.S. economic data, since investors were focused on upcoming Greek elections and continuing Spanish financial crisis. EUR/USD was traded at 1.2614, losing 0.15 during the early U.S. trade. The pair's support was likely to be found at 1.2443, and resistance could possibly be at 1.2647.


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Fri, 15 Jun 2012 14:53:48 GMT

U.S. TIC long-term purchases grew less than expected

On Friday, official data showed that U.S. treasury International Capital grew in April less than it was expected. The U.S. Department of Treasury reported that TIC long-term purchases rose to 25.6 billion on a seasonally adjusted basis from 36.0 billion in the month before. Analysts' expectation was that U.S. TIC long-term purchases would increase to 45.3 billion.

Fri, 15 Jun 2012 14:26:50 GMT

Empire State manufacturing index rose less than expected

On Friday, official data showed that manufacturing activity in New York grew less than expected. Federal Reserve Bank of New York reported that the index of Empire State manufacturing activity surged to 2.3 on a seasonally adjusted basis, whereas the figure for the preceding month was 17.1. Analysts predicted that the Empire State manufacturing index would be 13.0.

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