A large package of data on the US economy has been released.
On the one hand, GDP data (+2.1%) and durable goods orders (+0.6%) are strong, and the dollar made an attempt to grow. The US stock market showed another day of growth and new highs.
On the other hand, inflation remains low (+0.1%) - this does not give the Federal Reserve any reason to tighten its policy - and the dollar stopped growth.
From other news - recent polls have shown that in Britain, Conservatives can count on a strong majority in Parliament - the pound has turned up, and this also affects the euro.
EURUSD:
We are ready to sell from 1.0985
We are ready to buy from 1.1035
The material has been provided by InstaForex Company - www.instaforex.com