Good evening,

Mixed economic data in US did not create momentum trading opportunities on EurUsd, that is down 12 pips at 1.1040 (-0.11%). The rate just made a pullback on a daily chart but is trading in a 50 pips range. GbpUsd is trading at 1.53 (-0.33%), testing the short term bullish trendline.  UsdJpy is down for the third consecutive session and is losing 51 pips at 120.47 (-0.43%).  The Swiss Franc is losing 42 pips against the Greenback, with UsdChf at 0.9867 (+0.43%).  The rate made a breakout of an important dynamic resistance and it may reach the parity by the end of this month.

Crude Oil made an intraday low at the beginning of the US session but then started to recover and now is trading at  43.44 $/barrel (-1.23%). Gold up 30 cents at 1,166.5 $/oz (+0.03%) found support on its daily 200SMA.

Better than expected durable orders was offset by a weak consumer confidence in US. Tomorrow the FED interest rate decision (18:00 GMT) will be the most important event and the volatility that was expected today will appear tomorrow. After the FED event, Kiwi dollar traders should pay attention to the Reserve Bank of New Zealand interest rate decision (20:00 GMT). NzdUsd is the worst performer YTD among the major FX pairs but the Kiwi dollar rallied this month and now it seems that has lost its momentum.

US equities closed off their intraday lows, with the S&P500 down 5.29 points at 2,065.29 (-0.26%).

(21:05 GMT)