EUR/USD appears consolidative in the mid-1.1600s ahead of Powell

EUR/USD keeps navigating the area of multi-week lows near 1.1650 while market participants get ready for another testimony by Fed’s Jerome Powell. EUR
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United States New Home Sales Change (MoM) above forecasts (-1%) in August: Actual (4.8%)

United States New Home Sales Change (MoM) above forecasts (-1%) in August: Actual (4.8%)
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