The euro added momentum against the greenback during today’s trading session after some
Consumer confidence rose sharply in December, going up from 109.4 (revised from 107.1) to 113.7 — the best reading in 13 years. The median forecast value had been pointing at 109.0 value for December. (Event B on the chart.)
Richmond Fed manufacturing index was another positive sentiment indicator today. It literally doubled by going up from 4 to 8 in December, considerably surpassing the expected reading of 5. (Event B on the chart.)
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