EUR/USD was hammered into yet another 1-year low on Tuesday, with further selling interest noted out of Tokyo, taking the rate towards 1.3160 new low following a NY close of 1.3167. The stronger-than-expected US Durable Goods and Consumer Confidence boosted the US Dollar on Tuesday, which paired with the general negative sentiment towards the single currency, led to trend followers enjoy another profitable day selling the Euro. Jim Langlands, Founder at FXCharts, notes: "For the coming session don’t look for too much, with 1.3150/00 looking likely to cover it. Further out, the US GDP is coming up tomorrow and on ... (full story)