03, January 2014

EUR/USD (a 4-hour chart)

EUR/USD (a 4-hour chart)

Last trading day of 2013 was fairly quiet on the currency market Forex. EUR/USD and USD/JPY are consolidating near the levels 1.38 and 105.00, respectively. Positive data on consumer confidence in the United States was published in U.S. trading session. However, we did not the strong published growth of U.S. currency.

Investors are in no hurry to open long positions on the dollar in anticipation of the weekend. British currency pleased investors and closed trading at a year maximum.

British pound strengthened against its U.S. dollar. So this time, the pair GBP/USD did not break with tradition and ended the day with steady growth in prices.