Investing.com - The euro was steady against the U.S. dollar on Wednesday, as trading volumes remained very thin after Christmas and ahead of the New Year holiday.
EUR/USD hit 1.0944 during U.S. morning trade, the session high; the pair subsequently consolidated at 1.0926.
The pair was likely to find support at 1.0868, the low of December 23 and resistance at 1.0994, the high of December 28.
Markets shrugged off a report by the U.S. National Association of Realtors showing that its pending home sales index inched down 0.9% last month, disappointing expectations for a gain of 0.5%.
Pending home sales in October rose by 0.4%, whose figure was revised from a previously reported gain of 0.2%.
The dollar had strengthened broadly after the Conference Board reported on Tuesday that its consumer confidence index rose to 96.5 in December from 92.6 in November, whose figure was revised from a previously estimated 90.4.
Analysts had expected the index to rise to 93.8 this month.
Separately, the U.S. Bureau of Economic Anaysis said the goods trade deficit widened to $60.50 billion last month from $58.41 billion in October. Analysts had expected the trade deficit to widen to $60.90 billion in November.
The euro was lower against the pound, with EUR/GBP slipping 0.14% to 0.7361.
In the U.K., the Nationwide Building Society said home prices rose 0.8% in December, exceeding expectations for a 0.5% gain and after an uptick of 0.1% the previous month.