United States Consumer Credit Change came in at $14.08B, below expectations ($15B) in November

FXStreet.com (Barcelona)

Jan 8, 2015

EUR/USD rejected at 1.1820; back to 1.1780

The euro failed to extend recovery from 1.1750 against the US dollar as the pair found a selling interest in 1.1820 that sent it back to 1.1780.

The GBP/USD trades below 1.5100 area after falling 35 pips from 1.5115 to 1.5080. The pound is losing steam after rebounding 80 pips from 1.5035.