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EUR/USD went up for a second day today and the gain is currently the biggest one since the early February. The today’s reports, that were quite neutral, haven’t had any important impact on the actual trading. EUR/USD is trading near 1.2815 currently.

Crude oil inventories advanced by 0.7 million barrels last week after decreasing by the same amount a week …

EUR/USD trend: hold.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.

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Euro traded below its opening level against the U.S. dollar today as the fundamental reports in the United States were bad enough to raise the risk-aversion, but not bad enough to press on the greenback. In addition, the European Central Bank cut the interest rate from …

EUR/USD rose today for the first time in the last four days. All three important macroeconomic reports that were released today in the United States showed that the world’s biggest economy is still quite far from leaving the global financial crisis behind. EUR/USD is trading …

EUR/USD fell yesterday after the reports on the growing personal income and spending showed that the U.S. consumers may help the country’s economy to recover faster from the crisis. The declining construction spending failed to move the dollar down against the euro yesterday. The …

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: buy.

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