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EUR/USD reached today the highest level since December 13 on rumors that talks about Greek credit swaps are progressing. Today’s data eased concerns about the US economy that were caused by yesterday’s reports. The economy expanded last quarter and consumer sentiment improved this month.

GDP rose …

EUR/USD spiked upwardly today, but retreated as the positive fundamental reports from the United States increased attractiveness of the dollar. The decreasing unemployment claims and the improving consumer sentiment confirm that the US economy recovers. The leading indicators were also positive and the economic growth accelerated, even though with slower pace than …

EUR/USD was volatile today as the impact of concerns about Europe and the resulting demand for the dollar as a safe haven was negated by worries about the situation in the United States. The congressional deficit-reducing supercommittee failed to reach consensus on spending cuts required to tackle the budget shortfall. Despite the political impasse, rating agencies signaled that they …

EUR/USD surged today to the highest level since September 7 as the European leaders made progress in devising plans for helping the most-indebted members of the European Union. The EU chief agreed to increase the bailout fund and to write down part of Greece’s debt. The US economy was expanding with faster pace in the past three months, …

The dollar declined against the euro today mainly due to increased optimism of the market participants. The EUR/USD currency pair rose during the the first half of the trading sessions, along with the Asian and European stock markets. Some USD-positive important macroeconomic releases came almost unnoticed by the FX market today.

US GDP increased …

EUR/USD today moved sideway before the GDP report. The currency pair began to rise after the report showed that the US economy in the second quarter of this year grew with slower pace than was expected. Yet EUR/USD slumped after Federal Reserve Chairman hinted about possible increase of stimulus …

The euro rallied against the US dollar today immediately after the GDP report was released in the United States and continued to rise afterwards as more dollar-negative data figures were released there.

Annualized GDP growth in the second quarter of 2011 was at 1.3% in US. The growth followed a 0.4% rise (revised negatively from …

EUR/USD retreated, following the jump earlier today, on concerns that Greece’s politicians won’t vote for the austerity measures that are required to receive aid from the European Union and the International Monetary Fund. Today was the second day of the EU summit in Brussels, where the European leaders discussed the economic problems of the Eurozone. The US …

EUR/USD advanced today as the US economy expanded less than anticipated in the first quarter of this year and jobless claims unexpectedly increased. The currency pair jumped at the opening of the trading session and held its gains, slowly advancing on the negative US reports. EUR/USD trades currently at 1.4200.

US GDP grew 1.8% in the first …

The dollar fell against the euro before the disappointing US GDP growth data was released today. The currency pair was in a decline for 2 hours immediately before the release but regained its growth afterwards. Other fundamental releases didn’t have much influence on EUR/USD today. It is now trading …