United States Pending Home Sales (MoM) came in at 3.3%, above forecasts (0.5%) in July

FXStreet.com (Barcelona)

Aug 28, 2014

AUD/USD consolidates 0.9340 bounce

The Aussie is consolidating levels versus the US Dollar as the pair found support at 0.9340 after a 35-pip decline from 0.9375. Then the AUD/USD bounced to 0.9360 where the pair remains trading now.

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Aug 28, 2014

EUR/USD short‐term technicals remain bearish - Scotiabank

Camilla Sutton, strategist at Scotiabank, commented that there is a lot priced in for next week’s ECB meeting as markets look to geopolitical developments as well. The analyst also notes the EUR/USD technical outlook remains bearish.

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