EUR/USD declined rapidly today as the European aid to the troubled Greece meets new obstacles, pushing the Eurozone’s currency down against the U.S. dollar. The macroeconomic releases from United States showed some stagnation in all three indicators, reducing the market’s optimism about the global economy. EUR/USD is now trading near…
The dollar outperformed virtually all of the 16 main traded currencies as domestic reports ranging from manufacturing to housing showed better than expected numbers for the U.S. economy, boosting attractiveness for assets in the country as the economic growth accelerates. The euro erased yesterday’s gains as the EU is unlikely to fund a bailout for Greece to solve its…
The EUR/USD currency pair declined considerably today as China’s lending policy is tightening, declining demand for higher-yielding options in trading markets and bringing investors to purchase dollar and yen-priced assets. The euro declined versus the greenback and the several other currencies as Greece’s financial conditions continues to deteriorate and raise concerns among traders investing…
The EUR/USD currency pair continued to fall today as optimism towards the U.S. economy and a change in Federal Reserve monetary policy attracted more investors to purchased dollar-priced assets. In Europe, a frustrating economic sentiment report forced the European common currency down versus most of the main traded options in foreign-exchange markets and touched the lowest…
The EUR/USD currency pair fell significantly today on international economic events even if the U.S. economic data released frustrated most of forecasts, indicating a less optimistic, but still positive performance for industrial production and producer price index. Risk appetite was down favoring the dollar today, as the IMF forecast a slow…
The EUR/USD currency pair declined on the Forex market today, close to its Wednesday open level as the U.S. treasury notes still show some demand among the foreign investors. Industrial production report also turned out to be positive for the U.S. dollar for some reason. EUR/USD is currently trading near 1.4871.…
The euro is currently showing a small daily gain against the U.S. dollar — its fourth bullish daily candle this week. The series of the better-than-expected or just good macroeconomic reports from the developed economies increases the attractiveness of the euro and other riskier assets as the investment medias. Today EUR/USD set its new highest…
EUR/USD declined today for the first day since Monday, despite an increase in the industrial production and the capacity utilization, the traders were disappointed in the CPI change value and sold the euro. EUR/USD is now trading near 1.4216.
Seasonally adjusted CPI rate remained unchanged in July after increasing by 0.7% in June.…
Fundamental indicators that were released today only follow the trend set up on the Forex market, where EUR/USD pair rose to its new weekly high as the traders favored high-yielding assets. Bad macroeconomic releases from U.S. didn’t help the dollar to grow against the euro. EUR/USD…
EUR/USD rose today after the yesterday’s deep fall. It’s still trading below the Monday’s open level but managed to recover more than a half of its loss. Good housing statistics from U.S. made Forex traders to bet against the dollar in favor of the high-yielding currencies. EUR/USD is now trading…
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