EUR/USD settles lower ahead of Trump's car tariff decision

Economies.com
2019-02-19 04:24AM UTC

EUR/USD tilted lower in Asian trade following earlier data from the euro zone and the US, while investors await President Trump's final decision on tariffs on European cars, while the European Commission prepares to respond to the US. 

 

As of 04:16 GMT, EUR/USD rose 0.13% to 1.1296, with a session-low at 1.1294, and a high at 1.1314. 

 

Now markets await euro zone data, with the current account surplus expected up to 21.4 billion euros from 20.3 billion, while the ZEW confidence indicator for the zone is estimated down to 18.2 from 20.9. 

 

Now investors await US housing data, with an index tracking the sector expected up to 59 from 58. 

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