FX & CFD trading involves significant risk
The EUR / USD in early U.S. session broke resistance at $ 1.2820 and peaked at $ 1.2830, but then weakened, breaking through support at $ 1.2800 after the Fed's Lacker argued for limiting Congress authority of the Central Bank in the field of monetary policy and against the communication policy of the Central Bank at the rate of unemployment. Also, Reuters reported that Italy can veto the budget eurozone, if it does not comply with the national interest.
Now prices are consolidated at around $ 1.2800 after weak data on building permits and positive - the number of residential buildings. Now the markets are waiting for the speech of Fed Bernanke on "fiscal cliff."
|remaining time till the new event being published|