FRANKFURT (Dow Jones) – The euro is little change in the Monday . 7.50 Against the clock common currency is trading at $ 1.2905 to $ 1.2907 in late U.S. trade on Friday. Dealers speak of a "wait and see attitude after the strong euro gains of the past days .
First, the market was awaiting the publication of the stress test results of European banks, it is on the market. " The concerns of negative surprises urge the poor U.S. figures somewhat into the background , "said one market participant. Second, the euro was reached on Friday to chart important technical hurdle for $ 1.30 . "After the impressive rally to 1.3005 , we might now have a severe correction , "said technical analyst at LBBW .
Something in the mood for the euro also expresses the interruption of the talks between the IMF and the Hungarian government after no agreement was reached on budget cuts. A new impulse to go out in the afternoon from the NAHB indicator for the U.S. housing market.
The ounce of gold is trading at $ 1,192.88 after a London afternoon fixing of $ 1,189.25 on Friday.
=== Europa New York Europe (7.50 ) ( Late Trad .) (Fr, 17.20) EUR / USD 1.2905 1.2907 1.2935 USD / JPY 86.63 86.48 86.47 EUR / JPY 111.77 111.66 111.86 EUR / GBP 0.8431 to 0.8449 EUR / CHF 1.3529 to 1.3611 === DJG / hru / reh / voi