On Tuesday morning the pair EUR/USD is traded continuing the rise which started at the Forex currency market yesterday
By 10.00 Moscow time the Euro is at 1.3734 against closing session level of 1.3693 yesterday.
The growth in Asia and general optimism of investors has overshadowed attractiveness of “safe harbor” currencies. Against such background appetite to risks comes again.
Weak statistics on China released this morning did not disappoint investors too much: the market has long been waiting for a gradual cooling down of the economy in Celestial Empire.
The data on a number of unemployed in Germany will attract traders today; reduction by 10 thousand is projected in January after the rise by 3 thousand in December.
In addition statistics on business activity in the U.S. production sector ISM Manufacturing will be released in the afternoon which will likely show decline to the level of 58 points in January against the previous value of 58.5 points.
Most likely the pair EUR/USD will not go beyond the range of 1.3650-1.3790 on Tuesday trading session.