Euro settles higher for second day versus dollar

Economies.com
2018-09-20 04:59AM UTC

Euro tilted higher in Asian trade against the dollar, ahead of US labor, housing data later today. 

 

As of 04:48 GMT, EUR/USD rose 0.09% to 1.1684, with an intraday high at 1.1687, and a low at 1.1669. 

 

Markets await an index tracking the euro zone's consumer confidence, estimated at minus 2 with no change from August. 

 

From the US, investors await US unemployment claims data for the week ending September 15, expected to increase to 210 thousand from 204K in the previous reading, while continuing claims are estimated at 1.705 million in the week ending September 8, up from 1.696 million.

 

The Philly Manufacturing Index is estimated at 17.5 in September, up sharply from 11.9, while existing home sales are expected with a 0.8% increase to 5.38 million units in August. 

 

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