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Market Update

EUR/USD Gives Up Month-High

The Euro (EUR) is declining against the US Dollar (USD) on Thursday, after finishing Wednesday at its highest level in about a month at 1.1861. The EUR/USD is down by 0.36% at 1.1818, after levelling down earlier as low as 1.1812. The pair’s decline comes amid a recovery by the …

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Pelosi: New Stimulus Package is Pretty Close

The United States Speaker of the House, Nancy Pelosi, said that talks for a new stimulus deal are showing progress. A deal could be reached pretty soon, Pelosi said in an interview with MSNBC on Thursday. “We’re on a good path.”“We’re coming closer.” Pelosi said on Wednesday that there remains …

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US Existing Home Sales at Record High

Home sales in the United States rose to their highest level in 14 years during the month of September, data by the National Association of Realtors showed on Thursday. Existing home sales surged by 9.4% to a seasonally adjusted annual rate of 6.54 million units last month, its highest level …

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