August 15, 2014  7:56:09 PM EST

by NewMovesMarketsForex Staff Writer

Just prior to the New York trading session open in full swing this fine Tuesday morning,  August 15, 2017, the EUR USD manages to hit a six day low of 1.1686 before recovering back to a intraday high of 1.1744.

US dollar has been displaying significant strength weighing down the Euro cross pair with a series of positive US economic news releases this morning:

  • Core Retail Sales month over month July release  Beat expectation coming in at  .3%
  • Export Price Index month-over-month July came in  .4% exceeded expectations
  • Retail Sales month over month July surpassed expectations coming in at .6%

U.S. dollar Index was trading at 93.95 +.36%  (+.38%) on August 15th 2017 at 8:45 a.m. eastern standard time this morning when the Euro made its low of 1.1686.

August 16, 2017 Major High Impact News that could affect EURUSD :


08:30   USD Building Permits (Jul) 1.250M 1.275M
10:30   USD Crude Oil Inventories -3.058M -6.451M
14:00   USD FOMC Meeting Minutes

*** EUR USD Technical Analysis Intraday Outlook:

Levels of support 1.1665 S2 1.1641   Resistant Areas 1.1793    R2 1.1830

EURUSD Falls to a 6 day low of 1.1686 on August 15th 2017