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EUR/USD jumped to the highest level this week today after European Central Bank kept its main interest rate unchanged at 1.0% (event A on the chart) and ECB President Mario Draghi said he sees signs that European economy is stabilizing (event B on the chart). Most of today’s reports from …
EUR/USD was trading flat at the beginning of today’s trading session, but in the second half of the session rapidly declined and remained weak as of now. The currency pair slid yesterday as Moody’s Investor Service warned about possible downgrade of the European countries’ credit ratings. The US retail sales report was worse than …
EUR/USD was down today as pessimism and doubts about ability of the European Union to resolve the debt crisis plagued traders. The news from the US, on the other hand, were largely positive, excluding the falling PPI.
PPI edged down 0.3% in October (seasonally adjusted) after rising 0.8% in September, while median forecast …
EUR/USD jumped today as the leaders of the Group of Twenty started their meeting in Paris today. The G20 chiefs will discuss the European sovereign-debt crisis and the actions needed to be taken in order to resolve the situation that threatens the global economy. The news from the US were good for the most part, except for the preliminary report about …
EUR/USD rebounded from the earlier decline today on the speculation the European leaders are working toward resolution of the debt crisis and may reach success. The currency pair was rising today, corrected by 12:45 GMT, but currently resumed its advance. Today there was plenty of data from the US, but nothing …
EUR/USD was moving today without any particular pattern. It was falling at the start of the trading session, reversed its downward trend only to fall again. Currently the currency pair slowly crawls back to the upside. The fundamental reports were also confusing. Retail sales were better than expected, but …
EUR/USD erased its gains today on concerns that the European sovereign-debt crisis is spreading. The US PPI was negative last month, but retail sales unexpectedly grew and jobless claims dropped more than predicted. EUR/USD trades now near its opening level of 1.4163 after it jumped …
EUR/USD rose today as the positive economic data from China reduced demand for the dollar as a safe haven. The euro declined versus the dollar somewhat as the US economic reports were better than expected, but remained strong. EUR/USD trades now at 1.4479.
PPI rose 0.2% in May (seasonally adjusted) following the increase …
EUR/USD traded sideways for the most part of the day. The currency pair fell a little, but quickly recovered. The economic reports from the US were very positive today and that may put a downward pressure on the euro. EUR/USD trades now at 1.4218.
PPI rose 0.8% in April, on a seasonally adjusted basis, following the increase …
EUR/USD traded flat today without any major moves to either side, but the currency tends to weaken at present time. The reports today showed that the US economic recovery persists. EUR/USD currently trades at 1.4480.
Retail sales increased 0.4% in March, following the increase by 1.1% in February. Median forecast promised …