Forexpros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on Pending Home Sales.
EUR/USD was trading at 1.4506, up 0.05% at time of writing.
The pair was likely to find support at 1.4328, Thursday’s low, and resistance at 1.4549, today’s high.
Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally adjusted -1.3% last month from 2.4% in the preceding month.
Analysts had expected Pending home sales to fall to -1.0% last month.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8842 and EUR/JPY rising 0.32% to hit 111.51.
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