Investing.com - The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.
EUR/USD was trading at 1.4416, down 0.17% at time of writing.
The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4500, Tuesday’s high.
Earlier in the day, official data showed that U.S. core durable goods orders rose unexpectedly to a seasonally adjusted 0.7% last month from 0.6% in the preceding month whose figure was revised up from 0.1%.
Analysts had expected Core durable goods orders to fall -0.4% last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.55% to hit 0.8803 and EUR/JPY rising 0.26% to hit 110.98.
EUR/USD was trading at 1.4416, down 0.17% at time of writing.
The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4500, Tuesday’s high.
Earlier in the day, official data showed that U.S. core durable goods orders rose unexpectedly to a seasonally adjusted 0.7% last month from 0.6% in the preceding month whose figure was revised up from 0.1%.
Analysts had expected Core durable goods orders to fall -0.4% last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.55% to hit 0.8803 and EUR/JPY rising 0.26% to hit 110.98.