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EUR/USD currency pair is heading down today after Germany’s president unexpectedly resigned, giving another reason for doubts about strength of the European economy and weakening the euro. On the other hand, the problems with the oil spill in the Gulf of Mexico are weighting on the U.S. economy still, which may show its influence …

EUR/USD declined today as the data shows the improvements in the U.S. economy, while the Europe is still troubled with the budget deficit problem. The increase of the personal income and the growth in the manufacturing sector show the robust economic recovery, while the huge jump in construction spending further supports the optimistic outlook for the U.S. economy. EUR/USD is …

EUR/USD was trading both above and below the open level today as the incoming macroeconomic data was quite mixed. The pair is heading for the close near its open level, forming a Doji candlestick pattern on the chart. It’s currently trading near 1.3508.

Initial jobless claims decreased from 445k to 439k …

The dollar pared much of the euro’s advance from last week as several reports in the U.S. indicated that economic improvements in the country are far more positive than the situation in most Eurozone member countries, as manufacturing increased for another month and personal spending rose beyond forecasts. The EUR/USD currency pair trades currently …

The dollar started the week reverting last week’s trend versus the euro and dropped as risk appetite reappeared in markets this Monday, forcing equities up and declining appeal for the safety of the greenback. Personal spending and income increased in the U.S. adding appeal for riskier assets as ISM PMI index rose for another month. EUR/USD currently …

The EUR/USD currency pair started this year with a strongly bullish pattern as commodities and stocks rallied worldwide, declining attractiveness for the greenback. The crude oil traded above $80 a barrel and traders opted for riskier bets to start 2010, affecting the dollar negatively in a day were no events influenced significantly the sentiment for the European …

The EUR/USD currency pair gained today as risk appetite increased after the Dubai debt delay is likely to be solved with the help of the U.A.E. central bank as well as pending home sales in the U.S. unexpectedly rose, bringing optimism and appeal to risk as the United States real estate sector shows signs of improvement. …

EUR/USD rallied on the Forex market today after a series of macroeconomic reports were released in the United States. Both housing and manufacturing sectors showed some better-than-expected results and helped the euro to grow up against the U.S. dollar. Stock markets reacted with a more than 1% growth. EUR/USD is currently trading …

EUR/USD dropped today, going below the yesterday’s positive trading session’s open level. The traders probably react on the improved personal income and spending growth report, betting for the faster U.S. economy’s recovery. On the other hand, a growth of the dollar may be a result of the bad jobless claims report. Currently EUR/USD is trading …

I’ll try to cover the latest fundamental reports from the U.S. economy that affected the EUR/USD pair this week. Today, the dollar is losing against the euro, but overall week is almost a perfect doji candle with a lower spike being a bit longer than the upper one. The weekly high …