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EUR/USD gained yesterday as the European Union Summit gave hope that the debt problems of the European countries may be resolved, but the currency pair slumped heavily on today’s trading session. Currently the euro regained much of its strength. The currency pair may advance further as the Federal Open Market Committee maintained …

EUR/USD rose a little today after it dropped yesterday and currently it looks like it may resume its decline. This day, as well as the next two days, is rich for the macroeconomic data. The reports continue to demonstrate growth of US economy, but some of them were worse than expected. …

EUR/USD surged today after it struggled at the beginning of the trading session as investors looked favorably on the auction of Portuguese debt. The euro also strengthened on speculations that China and Japan will buy European debt and that Germany will agree to increase the size of the European rescue fund. Data from the US was neutral …

EUR/USD fluctuated today and currently trades near opening level. Earlier the currency pair fell as European policy makers divided in their opinion on how to battle the fiscal crisis. The dollar was further supported by favorable reports about declining trade balance deficit, growing import and export prices and improving consumer confidence. …

EUR/USD currency pair dropped today on good economic reports from the US before rebounding. Virtually all US reports were favorable for the dollar, yet for now the euro is trading slightly above the opening level of this session. It’s not likely to gain much as renewed concerns for debt problems in peripheral …

The euro was rising today against the dollar, which continued its decline against most other currencies after yesterday’s FOMC minutes suggested that next round of quantitative easing may be performed soon. Recently the EUR/USD currency pair expected a sharp decline but for now stays above the opening …

EUR/USD was trading sideways today after declining somewhat, but recently jumped as economic reports from the US was rather bad. Reports indicated that US economy is still growing, but pace of growth is constantly slowing. EUR/USD trades now at about 1.3017.

NY Empire State …

EUR/USD currency pair was rising at the start of today’s trading session, but for the most part of a day it experienced steady decline. Today’s poor reports from US may weaken the dollar, adding to concerns about the US economic recovery, but may drag the euro further down, as bad news from …

The euro went down today at the start of the trading session against the dollar after industrial production in Europe expanded less than expected and Spanish financial institutions borrowed record amount from the European Central Bank. Unfavorable reports from the U.S. pushed the dollar down later. While concern about the state of European …

The euro was crippled today after Moody’s Investors Service reduced Greece’s credit rating, but managed to recover and resumed its rally. The data from the U.S., released today, left mixed feelings, but James Bullard, the President of the Federal Reserve Bank of St Louis, reassured that “the macroeconomic recovery in the U.S. …