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EUR/USD reversed its upward trend today as the European Union leaders cut the startup bailout fund and Portugal’s credit rating was downgraded by Standard & Poor’s yesterday. The US gross domestic product showed a solid economic growth, but the consumer sentiment posted a sharp drop. EUR/USD trades currently at 1.4113.…

EUR/USD dropped today as the reports showed that the US economy improved. The growth of GDP and the improvement of the confidence in the jobs market supported the dollar. On the other hand, the hawkish stance of the European Central Bank may boost the euro. EUR/USD trades currently near 1.3746.

US GDP increased at an annual rate of 2.8% in the fourth …

EUR/USD dropped today after it was rallying for more than a week. The US economic growth, while a little slower than was anticipated, is still good and consumer sentiment gradually improves. The currency pair rose at the beginning of the trading session, but later was mostly falling. EUR/USD trades now …

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 slowly returns to its opening level after it dropped sharply after discussion of EU leaders about measures to prevent debt crises renewed concerns about, well you guess it, debt crisis. Advance GDP report showed the value for the third quarter, which was better than for the second …

EUR/USD currency pair is falling after sharp advance as virtually all of the economic reports from the US were better than expected. At the same time concerns about Ireland’s banks are driving the euro down, as well as a downgrade of Spain’s debt rating. EUR/USD trades near it opening level of 1.3626 …

EUR/USD declined after trading more-or-less inside some tight range today as the US GDP numbers improved appeal for the US dollar slightly. The drop also fits into the end-of-the-week correction process, following two days of gain on this currency pair. It’s currently trading near 1.2700.

At a second estimate, US …

EUR/USD fell at the start of today’s trading session, but later began to rise as some economic indicators suggested that the U.S. economy recovers. Some volatility can be expected as reports showed a mixed set of readings. Number of jobless claims decreased and manufacturing conditions improved. On the other hand, GDP contracted from …

The dollar were rising today against the euro as the traders don’t expect that the forthcoming G-20 meeting would provide the agreement about the measures to battle the European troubles, but now experiencing volatility after the report showed lesser than expected economic growth. Consumer sentiment continues to improve despite unfavorable macroeconomic …