EUR/USD Closes Week at 2 ½ Month High

Source: ForexYard EUR/USD Closes Week at 2 ½ Month High Optimism in the euro-zone economic recovery led to major gains for the common currency throughout last week. The uptrend sent the EUR/USD to a 2 ½ month high before markets closed on Friday. This week, traders can anticipate heavy market volatility as a number of significant economic indicators are scheduled to be released. Today's US Pending Home Sales figure is forecasted to show substantial growth in the US housing sector. If true, the USD may see a boost as a result. Economic News USD – Dollar Holds on to Gains vs. Yen The USD/JPY hit a fresh 7 ½ month high on Friday, as the combination of positive . . . → Read More: EUR/USD Closes Week at 2 ½ Month High