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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 …
The dollar fell against the euro today after the FOMC released its monetary policy statement showing that the stimulus bond-buying program will end on schedule, but the low borrowing costs will last for an ”extended period”. EUR/USD was declining during the day before the release came out and paid little attention …
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 continues to rise as the US economy underperforms, while the outlook for the European economy improves. Durable goods orders and initial jobless claims showed far worse results than was expected, while news from the house market were good. The currency pair slumped at the beginning of this trading session, but quickly …
EUR/USD jumped today in the first half of today’s trading session on speculation that the Federal Reserve is going to expand its bonds purchasing program, but later the currency pair dropped as reports from the US bolstered the dollar. Today virtually all reports were favorable for the US currency. The Fed didn’t changed …
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 …
Economic reports from the US were rather beneficial for the dollar today, but their influence was outweighed by the announcement of the quantitative easing by the Federal Reserve. EUR/USD surged and is likely to rise further. EUR/USD trades now at 1.4132.
ADP employment rate increased by 43k from September to October on a seasonally adjusted …
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 …
The Federal Reserve decided to keep interest rates at it current record low levels, increasing concerns for the US economy and driving dollar down. Better than expected report on building permits clearly wasn’t able to outweigh the Fed decision. EUR/USD trades now at 1.3202 after it opened at 1.3061.
EUR/USD currency pair was rising this trading session but began to decline after reports showed that home prices and consumer confidence increased more than expected. The dollar weakened previously as a report showed that US personal income rose less than analysts estimated. EUR/USD is currently …