Daily Market News August 1st, 2016

Last, Friday, the main currency pair, EURUSD hit 1month maximum by trading near the level of 1. 12. The pair rose thanks to the weak US, economy data. U. S. gross domestic product grew at an annual 1. 2 in AprilJune falling far short of the 2. 6 increase forecast by economists polled by, Reuters. On, Monday morning, the, Euro consolidates near to the level of 1. 17. The resistance levels for the Euro are 1. 1195 and 1. 1222 The support levels for the EUR, USD are following 1. 1150 and 1. 1126