FXstreet.com (Barcelona) - US data today will have the S&P/Case-Shiller home prices, where TD Securities analysts expect it to grow 0.8% m/m, in line with consensus. Adding to the survey evidence heading into the ISM and payrolls reports next week are Conference Board Consumer Confidence and the Richmond Fed: “We look for both to print slightly better than expected, similar to the Dallas Fed survey yesterday”, wrote analyst Alvin Pontoh, pointing also to TD Securities' forecast of 65.0 (consensus is 63.2) for Consumer Confidence, and a rise from -9 to -3 (consensus of -6) for the Philly Fed.
EUR/USD May 24 at 10:47 GMT
1.2975/76 (0.33%)
H1.2994 L 1.2904
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
