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EUR/USD reached today the highest price since January 4 as Spain sold more government bonds than its maximum target at today’s auction, while French borrowing costs fell. It was a bit disappointing day for the United States as reports showed that economic growth and housing sector stalled. On the other …

EUR/USD jumped today after the German business climate unexpectedly improved this month (Event A on the chart) and the Spanish bill auction ended with a good outcome. Today’s report from the United States demonstrated an improvement in the housing market.

Both housing starts and building permits advanced in November. Housing starts were …

EUR/USD extended its downfall today as yield on sovereign bonds of the European Union nations continued to rise. The currency pair is currently rising and has potential to erase its losses. The data from the USA was again good with the exception of the inflation that unexpectedly declined.

CPI decreased 0.1% in October on a seasonally …

EUR/USD climbed today on the speculation that European leaders will boost the European Financial Stability Facility (the rescue fund). It looks like the optimism was short-live, though, as the currency pair retreated from this day’s high and currently shows tendency to fall. The data from the US continues to be moderately positive, …

EUR/USD rose today for the second day as the European Central Bank announced it will lend dollar to the bank of the Eurozone, reducing concerns about liquidity. There was plenty of macroeconomic data from the US, but it was rather confusing. Consumer prices, current account and industrial production signaled about recovery …

EUR/USD tumbled today as inflation in the US accelerates, while concerns about the debt problems in Europe persist. US leading indicators also rose. Yet there were plenty of bad news for the United States. Jobless claims rose and existing home sales fell. Manufacturing was particularly bad, as manufacturing index of Philadelphia …

EUR/USD fell today for the second day as Fitch Rating downgraded Greece’s credit rating yesterday, increasing worries about the debt crisis in Europe. The current performance of the currency pair is result of a weak euro, not a strong dollar. The US currency isn’t supported by fundamentals as virtually all economic reports today were …

EUR/USD slumped today, erasing all gains of this week, as the European leaders can’t find an agreement about measures to deal with the sovereign-debt crisis. Greece’s credit rating was downgraded to the lowest possible ‘CCC’ on June 13. The fears of the possible default drove the euro to the downside even as the US economic data was …

EUR/USD surged today on the positive economic data from Europe, but quickly lost its gains. The US economy also showed robust growth as the reports about inflation and consumer sentiment indicated. EUR/USD trades now at 1.4193, following the jump from 1.4244 to 1.4340.

US CPI rose 0.4% in April on a seasonally …

EUR/USD was tumbling today, but now has found support and tries to decide where to go next. The euro was hurt as Moody’s Investor Service cut Ireland’s credit rating and kept the outlook on negative. Today’s reports from the US showed robust growth of the industrial output and the manufacturing, as well as the unexpectedly strong …