Crude Oil And Better US Data

Market is looking for direction with lower Crude Oil and better US data

News and Events:

Last week upbeat readings on US durable goods orders, new home sales and consumer sentiment released buoyed the Dollar by lifting some of the gloom over the US economy.

The ongoing slide in crude oil prices is also supporting the greenback.

FX market is eyeing the direction of crude oil prices and US non-farms payrolls data, which is due on Friday.

European corporate earnings due this week may provide some direction to the Market.

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