Forex Blog

The EUR/USD currency pair started this year with a strongly bullish pattern as commodities and stocks rallied worldwide, declining attractiveness for the greenback. The crude oil traded above $80 a barrel and traders opted for riskier bets to start 2010, affecting the dollar negatively in a day were no events influenced significantly the sentiment for the European…

The EUR/USD currency pair had the sharpest advance in two weeks today, after the dollar rallied significantly on speculations that the Federal Reserve could lift stimulus and raise interest rates in U.S. sooner than expected, attitudes so far declined by the U.S. central bank that erased optimism among traders which…

After Greece, an European Union member which adopted the euro since it was introduced, had a downgrade on its credit rating by Standard & Poor’s for the second time this year, the EUR/USD currency pair dropped to the lowest level in three months, as it signaled that not all bloc members are…

EUR/USD posted little daily volatility compared to the recent trading days today despite some interesting macroeconomic statistics coming out throughout the world. While the weekly jobless wasn’t very favoring for the greenback, the budget and trade balance deficits were better than expected and could help the dollar to grow against the euro.…

EUR/USD showed a high bullish spike today on Forex after bouncing off the 1.5140 technical resistance level. The currency pair was influenced by the set of fundamental events, among which the ECB monetary policy statement wasn’t the least. The Eurozone regulator decided to tighten the money giveaway by scaling down the emergency measures that…

The EUR/USD currency pair was highly influenced today by the rather optimistic market indicator releases. Decreased jobless claims, improved housing market and higher personal spending were the prevailing factors that were pushing the euro up against the dollar, which is often suffering during positive U.S. macroeconomic…

The EUR/USD currency pair dropped significantly today after a considerable rise yesterday, in a week marked by high volatility so far. A negative day in stocks markets and a rising risk aversion brought investors back to dollar-priced assets, in a day were refuge currencies like the yen performed the best. A part from a better…

The dollar regained its power on the Forex market today as the euro declined in correction, pressed on by the technical and fundamental factors. Even the rather growth-favoring macroeconomic reports that were released today failed to help the euro. EUR/USD is currently trading near 1.4864.

Initial jobless claims continued to decrease last week…

EUR/USD failed to to demonstrate a technical correction after the yesterday’s record fast growth, as some more good data on the employment market came out in U.S. today. During the early trading session, a downward movement was rather significant in euro/dollar market but the pair quickly recovered after the reports were released. EUR/USD…

EUR/USD gained for the firs day in a week today after the U.S. GDP report for the third quarter came out and positively surprised the investors. Accompanied by the growth of the stock markets, the euro rose against the U.S. dollar on better prospects for the world’s biggest economy. EUR/USD is now trading near 1.4780.

Advance estimate…