Long day has come an end in the US, leaving greenback mostly weak, particularly against its European rivals. While ADP survey printed 192K, increasing hopes for a recovering US economy, it was a few minutes later that Advanced annualized GDP printed a -0.1%, overshadowing hopes of a stronger greenback. The FED come later maintaining is economic policy intact amid a “pause in economic activity growth in recent months”, which helped EUR/USD set a fresh high of 1.3586. While volume remains low at this time of the day, the EUR/USD bullish trend seems here to stay. In the short term however, a downward corrective movement ... (full story)