The US Dollar was bearish against all of its major pairs on Tuesday. On the US economic data front, no major economic data was released. On Wednesday, Wholesale Inventories for the November preliminary reading are expected to rise 0.6% on month, compared to +1.1% in the October final reading. Market News International’s Chicago Business Barometer for December is expected to slip to 56.0 on month, from 58.2 in November. Finally, Pending Home Sales for November are expected to release unchanged, compared to -1.1% in October. The Euro was bearish against most of its major pairs with the exception of the USD. In Europe, … (full story)
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