Top Menu

Feedburner

Right-Side Top Menu

Forex Blog
My Forex experience and some Forex related information that might be useful to other traders

EUR/USD Continues Way Up on Yesterday News

March 19th, 2009

EUR/USD continued its seemingly unstoppable growth today after the Federal Reserve pledged to buy the U.S. treasuries with the printed money yesterday. The fundamental releases were quite mixed today and couldn’t affect the dollar’s fate. EUR/USD is now trading near 1.3698.

Initial jobless claims were at 646k last week — down from 658k reported for a previous week and better than 655k expected.

Leading indicators index decreased by 0.4% in February, following 0.4% growth in January, but they still performed better than the expected decline by 0.6%.

Philadelphia Fed index rose from -41.3 to -35 in March. It was expected to move up to -39.


Leave a Reply

required
required (will not be published)
optional

Subscribe to Monthly Forex Newsletter