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EUR/USD was falling today, but erased most of its losses after the press-conference the European Central Bank as President Mario Draghi was less dovish than expected. (Event A on the chart.) Some speculators expected an interest rate cut, but such expectations haven’t come true. The US service industries …

EUR/USD fell today as the European Central Bank kept its main interest rate unchanged (event A on the chart) and Bank’s President Mario Draghi said that downside risks from the crisis are still exist (event C on the chart). US employment growth was in line with forecasts, while growth …

EUR/USD was gradually rising today. The slow advance wasn’t deterred even after China has shaken markets by lowering its target for economic growth. The positive reports from the United State alleviated worries about the global growth that was caused by the announcement.

ISM services PMI advanced from 56.8% …

EUR/USD was rising today, but sank after US nonfarm payrolls came out better than was predicted and unemployment rate unexpectedly decreased. Service industry also showed positive tendencies. On the negative side, factory orders grew with slower pace than was expected by specialists. The currency pair …

EUR/USD dropped to the low last seen in September 2010 as concerns about the European crisis returned to the Forex market, while the US economy continued to show signs of recovery. Today’s data was good, especially the unexpected advance of employment. That allows traders to believe that nonfarm payrolls will be better than …

EUR/USD gained today as Germany and France discussed changes to the European Union treaties that may result in stronger fiscal integration of the EU members. The negative data from the United States also helped the currency pair.

ISM services PMI posted a decrease to 52.0% in November from 52.9% in the month before instead of the expected …

EUR/USD advanced today after the European Central Bank surprised markets, reducing its main interest rate (event B on the chart), and Greek Prime Minister George Papandreou canceled the planned referendum. The European Union leaders threatened to throw Greece out of the Union in case the country would reject the bailout. The lower interest …

EUR/USD declined today as the positive ADP employment report made Forex traders hope the non-farm payrolls (released later this week) would be good. The services sector of the United States continued its expansion in September with almost the same pace as in the month before. Federal Reserve Chairman Ben Bernanke testified…

EUR/USD posted a biggest drop in a month today as European Central Bank President Jean-Claude Trichet said that the ECB policy makers “expect the euro area economy to grow moderately, subject to particularly high uncertainty and intensified downside risks”. (Event A on the chart.) Market participants speculated that such words mean the ECB …

The euro traded mixed against the US dollar after today’s macroeconomic reports, gaining considerably before the European trading session started. Noteworthy is the fact that the EUR/USD reacted positively to the positive US reports and vice versa for the negative ones today.

ADP employment report showed a seasonally adjusted growth of the payrolls …