Forex: EUR/USD jumps above 1.2700 on US housing data

Forex: EUR/USD jumps above 1.2700 on US housing data
FXstreet.com (Córdoba) – The Euro erased previous losses and jumped, hitting levels above 1.2700 against the Dollar after the release of disappointing US economic data. The pair rose more than 70 pips from 1.2625 in the last 30 minutes amid a general decline of the Dollar across the board.

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