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EUR/USD advanced today, ending the three-day decline, after Spain’s debt auction exceeded its maximum target. The US data today can be considered good for the most part, most notably unemployment claims that continue to fall.
PPI increased 0.3% in November, exactly as forecasts promised. The index declined with …
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 slowed its decline, but the euro is far from being strong. Speculations that Greece’s government may be disbanded and that the nation may face default aren’t helping the currency. The US dollar, on the other hand, is supported by the fundamentals. The reports were very good today, with the notable …
EUR/USD dropped today after Moody’s Investors Service cut Portugal’s credit rating from A1 today to A3 today. Today’s report about the housing starts and building permits confirmed a depressed state of the US housing sector. EUR/USD currently trades near 1.3946.
US housing starts and building permits in February …
EUR/USD rose at the start of today’s trading session as macroeconomic data signaled about a stronger economy in the US. Philadelphia Fed Business Outlook Survey was particularly favorable, signaling about improving manufacturing conditions. Not all reports were good, though. Building permits posted as decline, while forecasts promised an increase. …
The euro extended its rally against the dollar today as good reports from the US, including report on Producer Price Index and unemployment claims, increased investors’ risk appetite. Philadelphia Fed Business Outlook Survey said that “regional manufacturing activity was nearly flat in September”. EUR/USD trades now near …
The euro erased its yesterday’s losses against the U.S. dollar as Spanish bond auction alleviated fears of the European debt crisis, while the dollar was weakened by some unfavorable macroeconomic reports. An unexpected increase of initial jobless claims and a sharp drop of Philadelphia Fed index were especially frustrating. EUR/USD currency pair …
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 …
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 posted one of its biggest daily gains in history today as the FOMC’s press release stated that the Federal Reserve will have to buy the long-term U. S. Treasury securities worth of $300 billion and it means that the money will be printed. The perspective of the increased amount of dollars pushed …
