EUR/USD jumped after the markets reacted positively to remarks by the head of the ECB yesterday (July 26th). Mario Draghi declared he would do everything in his power to save the euro. US releases were mixed, as Unemployment Claims came in well below the market estimate. However, Core Durable Goods Orders and Pending Home Sales were both weak. The Spanish Unemployment Rate inched up to 24.6%, and US Advance GDP will be released later on Friday, as we end the trading week.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-july-27-rallies-as-draghi-pledges-full-support-for-euro/"]EUR/USD Still Enjoying Draghi's Dramatic Pledge[/URL][/I][/B]
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