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EUR/USD reached today the highest price since January 4 as Spain sold more government bonds than its maximum target at today’s auction, while French borrowing costs fell. It was a bit disappointing day for the United States as reports showed that economic growth and housing sector stalled. On the other …

EUR/USD jumped today after the German business climate unexpectedly improved this month (Event A on the chart) and the Spanish bill auction ended with a good outcome. Today’s report from the United States demonstrated an improvement in the housing market.

Both housing starts and building permits advanced in November. Housing starts were …

EUR/USD was rather volatile today. Initially the currency pair slid as yield on French and Spanish bonds jumped. Later French borrowing costs declined, pushing the euro higher. Currently, EUR/USD remains near its opening level, but is showing a downward pattern.

Housing starts were at a seasonally adjusted annual …

EUR/USD climbed today on the speculation that European leaders will boost the European Financial Stability Facility (the rescue fund). It looks like the optimism was short-live, though, as the currency pair retreated from this day’s high and currently shows tendency to fall. The data from the US continues to be moderately positive, …

EUR/USD was steadily rising this trading session, but slumped sharply after the Federal Market Open Committee announced it’s going to expand their holdings of longer-term securities. Some analysts viewed this announcement as a confirmation of the economic problems in the US. The reports about housing market weren’t supporting such pessimistic …

EUR/USD went lower today after the reports signaled that Europe’s economy continues to experience slowdown. The data from the US also showed some negative results. Housing starts and building permits decline last month. Export prices were also down. On the other hand, import prices increased, while industrial …

EUR/USD pared losses today as Greek Finance Minister Evangelos Venizelos suggested that agreement among the European leaders on a way out of the debt crisis is “attainable”. The European Union politicians will meet in Brussels on July 21. The report on the US housing market was quite positive today and tomorrow’s report is …

EUR/USD slowed its decline, but the euro is far from being strong. Speculations that Greece’s government may be disbanded and that the nation may face default aren’t helping the currency. The US dollar, on the other hand, is supported by the fundamentals. The reports were very good today, with the notable …

EUR/USD advanced today and failed later, then rose again only to drop even lower. Currently the euro attempts to climb again, but without any significant success so far. The economic reports today extended yesterday’s tendency to disappoint Forex market participants (at least those who bet on dollar’s strength) …

EUR/USD erased previous losses and advanced to the highest level since January 2010 today as investors continue to bet that the European Central Bank will raise its key lending rate on the next policy meeting. The fundamentals remain unfavorable for the euro as the producer prices in Germany, the healthiest economy in the European Union, rose …