Forex blog posts about Chicago PMI are presented here. You can click the selected excerpt's title to continue reading on 'Chicago PMI'.

EUR/USD Fails to Remain on Top

Thursday, April 30th, 2009

EUR/USD spiked up during the early trading session reaching as high as 1.3385 (the highest level since April 13) after opening at 1.3256 but after the fundamental reports in U.S. showed that the world’s biggest economy is stalling the currency pair rolled back below the daily open level. It’s now trading…

EUR/USD Slows Down but Still Up After Consumer and Manufacturing Confidence Reports

Tuesday, March 31st, 2009

EUR/USD rose today in a correction movement after three days of declining. Dollar was hurt by the unexpectedly revived interest in the stock markets and even the not-so-good reports released today couldn’t make euro to fall against it. EUR/USD is now trading near 1.3238.

Consumer confidence index rose from…

Dollar Continues to Gain as GDP Falls in 4th Quarter

Friday, January 30th, 2009

EUR/USD continued to fall today for the fourth straight day as the advance GDP report for the fourth quarter showed a considerable decline of the economic output in U.S. The currency pair is currently trading near 1.2795.

GDP (advance) in the Q4 of 2008 decreased at an annual rate of 3.8%. The decline…

Abundance of Fundamental Reports from U.S. Causes EUR/USD to Correct

Wednesday, November 26th, 2008

EUR/USD declined today after rising for three consecutive days as many macroeconomic reports were released in the United States. EUR/USD is currently trading near 1.2939 after reach as high as 1.3080 yesterday.

Durable goods orders decreased by 6.2% in October after declining by 0.2% in September (revised down from the 0.8%…

Dollar Returns to Bullish Trend Despite Previous Losses

Friday, October 31st, 2008

EUR/USD dropped today for the second day despite the correctional wave that was forming during the last three days. After peaking at 1.3288 yesterday, the currency pair is now trading near 1.2733 as the traders continue to dump other currencies and buy U.S. dollars.

U.S. personal

Business and Consumer Cinfidence Boost Dollar

Tuesday, September 30th, 2008

EUR/USD fell today at a fastest daily pace since the early September as the fundamentals in U.S. came out at a better than expected level today, spurring both U.S. stock market and dollar rallies. EUR/USD lost almost 300 pips today and is currently trading near 1.4129 level.

Chicago PMI,…

Dollar Slides on Disappointing GDP Data

Thursday, July 31st, 2008

EUR/USD soared up today immediately after the report on advance GDP figures for the second quarter of 2008 came out in U.S. It disappointed the investors and is currently pressing on the greenback. Employment data also came out much worse than the majority of the traders expected today. EUR/USD…

Dollar Holds Steady on Construction and PMI

Tuesday, July 1st, 2008

The dollar traded with an elevated volatility against the euro today, going both high above the opening level and diving down below it. The overall fundamental background is positive for the greenback today. Yesterday’s report on Chicago PMI index also supported the U.S. currency. Currently…

Dollar Stalls against Euro Today

Friday, May 30th, 2008

The  U. S. dollar was mainly unchanged today after the important fundamental statistics came out in the United States. Although there were moderate intraday swings up and down on EUR/USD, the currency pair is ending the day with just a little upside on Forex.

Personal income and

EUR/USD Mostly Unchanged by Other Macroeconomic Releases before Fed Rate Decision

Wednesday, April 30th, 2008

EUR/USD remains mostly unchanged today as the markets await the Federal Reserve decision on the interest rate. Even some important indicators that were released in U.S. today failed to move the currency pair significantly on Forex.

Advance data for the first quarter GDP in U.S.…



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