EUR/USD continued its decline today falling down to the weekly lows and then retracing back somewhat. The U.S. fundamentals remain rather weak and unsupporting for the U.S. dollar, but the markets seem to be more preoccupied with the current Eurozone’s fiscal problems. The currency pair is now trading near 1.3683.
CPI…
The EUR/USD currency pair declined considerably today as China’s lending policy is tightening, declining demand for higher-yielding options in trading markets and bringing investors to purchase dollar and yen-priced assets. The euro declined versus the greenback and the several other currencies as Greece’s financial conditions continues to deteriorate and raise concerns among traders investing…
The EUR/USD currency pair rose today after the Federal Reserve announced that interest rates in the United States will remain at a record low for an extended period, this fact declined speculations that rate hikes could come sooner-than-expected, halting a rally for the greenback versus the main traded currencies in foreign-exchange markets. At the moment…
The EUR/USD currency pair remained bullish during most of today’s session paring previous losses from the beginning of the week, the interest rate outlook in the United States sees no hikes in the mid-term future, shunning away traders from dollar-priced assets. The construction industry provided frustrating numbers today on building permits and housing…
The U.S. dollar rebounded against the euro today as the U.S. economic reports were very positive. The EUR/USD correction can only be explained as a technical one, which follows the similar correction on the U.S. stock market. EUR/USD is now trading at 1.4895 after reaching a new yearly maximum at 1.4966.
The euro is currently showing a small daily gain against the U.S. dollar — its fourth bullish daily candle this week. The series of the better-than-expected or just good macroeconomic reports from the developed economies increases the attractiveness of the euro and other riskier assets as the investment medias. Today EUR/USD set its new highest…
EUR/USD declined today for the first day since Monday, despite an increase in the industrial production and the capacity utilization, the traders were disappointed in the CPI change value and sold the euro. EUR/USD is now trading near 1.4216.
Seasonally adjusted CPI rate remained unchanged in July after increasing by 0.7% in June.…
Fundamental indicators that were released today only follow the trend set up on the Forex market, where EUR/USD pair rose to its new weekly high as the traders favored high-yielding assets. Bad macroeconomic releases from U.S. didn’t help the dollar to grow against the euro. EUR/USD…
The U. S. dollar fell against the euro today as the consumer price index report showed a positive revision of the April’s value and also a higher than expected value for May. EUR/USD is now trading near 1.3855.
CPI rose by 0.1% in May in the United States after remaining…
EUR/USD was trading below its opening level for the whole day today as the poor GDP data was released in Europe, but managed to go up a little from the daily lows after the mixed fundamental statistics went out in United States. It’s now trading near 1.3572.…
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