FXstreet.com (Barcelona) - The single currency has penetrated the key mark at 1.3100 after Spain sold €4.25 billion in bonds maturing in three, seven and ten years, less that the targeted €4.50 billion. Yield in the 2015 bond was 3.390%, 2019 Obligaciones at 4.669% and 2022 Obligaciones at 5.29%. Results seem to be reasonable, although the 10-year benchmark yield is edging higher after the auction.
Continuing with the data, the retail sales in the bloc have deepened further, contracting 3.6% on a year through October and 1.2% on a monthly basis.
EUR/USD is now losing 0.04% at 1.3090, with the immediate support at 1.3068 (prior hourly highs) followed by 1.3047 (hourly low Dec.4) and finally 1.2973 (low Dec.3).
On the upside, a breakout of 1.3129 (high Oct.18) would aim to 1.3140 (high Oct.17) and 1.3173 (high Sep.17).
Continuing with the data, the retail sales in the bloc have deepened further, contracting 3.6% on a year through October and 1.2% on a monthly basis.
EUR/USD is now losing 0.04% at 1.3090, with the immediate support at 1.3068 (prior hourly highs) followed by 1.3047 (hourly low Dec.4) and finally 1.2973 (low Dec.3).
On the upside, a breakout of 1.3129 (high Oct.18) would aim to 1.3140 (high Oct.17) and 1.3173 (high Sep.17).
