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EUR/USD was down today as talks about reducing Greek debt ended in a stalemate. Private creditors demand 4 percent interest rates, while Greece asked for less than 3 percent. The negative outcome of the discussion may result in a new wave of risk aversion on the Forex market. US data again was …

EUR/USD was rising today, but later dropped sharply. The European Central Bank was providing loans today to support the eurozone economy, but the bank’s effort failed to alleviate the fears of the debt crisis. Today’s report confirmed that the US housing market is improving, even though the actual reading was …

EUR/USD was sharply down today at the start of the trading session, but later the decline stopped and currently the currency pair attempts to go higher. The political situation in Europe isn’t good for the euro as Spain became yet another country that lost government because of its inability to resolve the debt issues. Yet the situation …

EUR/USD virtually hasn’t gone anywhere in the past three days. The currency pair shows strong swings, but ends at about the same level as the sentiment about Europe and its problems changes from optimistic to pessimistic and than returns to optimism almost every hour, if not a minute. Generally, uncertainty plays more …

EUR/USD was steadily rising this trading session, but slumped sharply after the Federal Market Open Committee announced it’s going to expand their holdings of longer-term securities. Some analysts viewed this announcement as a confirmation of the economic problems in the US. The reports about housing market weren’t supporting such pessimistic …

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 advanced today as the US existing home sales unexpectedly declined in June. The currency pair was rising at the beginning of today’s trading session, later declined, was boosted by the home sales report, but currently tends to move down. EUR/USD trades near 1.4196 now.

Existing home sales declined to a seasonally …

EUR/USD rose today after Greece’s Prime Minister won a confidence vote, but erased gains on the speculation that the Greek government will struggle to implement austerity measures, which are very unpopular among Greece’s population. The currency pair remained weak even after the US central bank maintained the interest …

EUR/USD jumped up and down today. The euro weakened the decline of stocks and commodities drive investors to safe assets, but the dollar also loses strength as the US economy continues to show signs of weakness. The US jobless claims decreased last week and that was good news, but virtually all other reports …

EUR/USD erased previous losses and advanced to the highest level since January 2010 today as investors continue to bet that the European Central Bank will raise its key lending rate on the next policy meeting. The fundamentals remain unfavorable for the euro as the producer prices in Germany, the healthiest economy in the European Union, rose …