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EUR/USD jumped today to the highest level since November 4, but later declined. Currently the currency pair regained some of its strength after the report about slower growth of manufacturing in the US. EUR/USD trades at 1.4186 after jumping to the intraday high of 1.4248.

Richmond Fed manufacturing index fell from 20 …

EUR/USD rose today for the second day on the speculation that the European Central Bank will raise the interest rates before the Federal Reserve. The currency pair also advanced on the speculation that the high oil prices can bolster the euro. The euro advanced sharply versus the dollar in the first half of the day, but later the rally …

The euro have failed to stand against the US dollar today when some important macroeconomic data was released. The first bearish wave was launched by the weekly employment data, but it was recovered in a correction, the second wave was launched by the housing data and it was more successful. EUR/USD is …

EUR/USD rose today, but later erased gains as reports showed growth of gross domestic product and existing home sales. The readings were lower than analysts forecast, though. EUR/USD trades now at 1.3086 after jumping to the intraday high of 1.3180.

US GDP increased at an annual rate of 2.6% in the third quarter …

Optimism for Ireland’s bailout quickly wore out and today EUR/USD currency pair experienced a significant decline. US GDP and manufacturing reports were better than expected, supporting the dollar, but existing home sales unexpectedly dropped. EUR/USD trades now at 1.3370 after opening at 1.3626.

Preliminary GDP increased at an annual …

EUR/USD dropped as today’s reports, as well as yesterday’s report on existing home sales, were largely positive, giving rise to speculation that quantitative easing will be performed later and in smaller scale. EUR/USD trades currently at 1.3884.

S&P/Case-Shiller home price index declined to 146.99. It was 1.7% higher than …

EUR/USD currency slipped today as economic data from Europe suggested about struggling recovery, while reports from the US, including existing home sales and leading indicators, were encouraging. Number of unemployment claims unexpectedly increased, though. EUR/USD trades currently near 1.3332.

Initial jobless claims posted an increase …

EUR/USD rallied strongly today after the report on the US housing situation in July was released. The Forex market continued with the bullish reaction also after the Richmond Fed index release. The currency pair recovered from its monthly bottom of 1.2588 and is now trading near 1.2710.

Existing home sales …

EUR/USD rose today above the yesterday’s open level as the macroeconomic reports from U.S. showed that the economy is recovering too slowly. Employment, housing and economic reports turned out to be negative today. The currency pair is now trading near 1.2920.

Initial jobless claims rose from 427k …

The surge of optimism, brought by signs that China plans to relax yuan’s peg to the dollar, was short-lived and hasn’t helped the euro much. On the other hand, credit rating of BNP Paribas, which was decreased by Fitch Ratings from AA to AA-, reignited fears that the debt crisis will strangle European economy. …