The US Dollar was bullish against all of its major pairs on Tuesday. On the US economic data front, Existing Home Sales rose to 6.00 million on month in August (as expected), from 5.86 million in July, a level last reached in late 2006. On Wednesday, the Mortgage Bankers Association’s Mortgage Applications data for the week ending September 18th is expected. Finally, Markit’s US Manufacturing Purchasing Managers’ Index for the September preliminary reading is expected to rise to 53.5 on month, from 53.1 in the August final reading. The Euro was bearish against most of its major pairs with the exception of the AUD and … (full story)
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