The U.S. Dollar firmed a little following the release of two better than expected U.S. economic reports. This morning it was reported that the S&P/Case-Shiller Housing Report showed unexpected growth while consumer confidence rose. Both of these reports helped the Dollar rebound after early session weakness. Overall, however, trading conditions at the midsession can best be described as sideways.

The EUR USD is positive at the midsession but a little off the high. Another report showing an improvement in the Euro Zone economy helped give this market an early boost, but some of the gains were washed away by the bullish U.S. economic reports. Technically, this market remains in a range of 1.4447 to 1.4045.

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