EUR/USD showed the biggest daily growth since early September today and reached a new weekly high as the Federal reserve released a very optimistic monetary policy statement, citing faster recovery and lower inflation, which still allows interest rates as low as they are now. Although the amount of planned purchase of the debt…
The euro went up against the U.S. dollar today on the Forex market but the latest trading results show that the EUR/USD pair has met its resistance point near 1.4800. The fundamental factors that affect the U.S. dollar look positive, as the macroeconomical statistics from United States is rather good…
I’ll try to cover the latest fundamental reports from the U.S. economy that affected the EUR/USD pair this week. Today, the dollar is losing against the euro, but overall week is almost a perfect doji candle with a lower spike being a bit longer than the upper one. The weekly high…
Two of the three major fundamental indicators of the U.S. economy showed a worse than expected results today in the respective reports, causing EUR/USD to continue its rather slow and uncertain correction on the Forex market. It fell for a second day today, going below the yesterday’s lows. Currently, it’s trading near 1.4369.
ADP…
The euro declined against the U.S. dollar as the oil price was heading down and the U.S. consumer credit continue to fall. The perspectives for the high-yielding assets look not very promising as the commodity/oil prices decrease and the risk-aversion returns to the market.…
EUR/USD fell by the largest extent since April 27 today as the U.S. macroeconomic indicators failed to maintain the bullish interest in the high-yielding currencies. The oil inventories rose also pressing on the oil prices and thus on the commodity currencies. EUR/USD is now trading near 1.4122.
ADP…
EUR/USD declined fro the second day after rising earlier today as the stock markets failed to sustain a growth and corrected almost to a zero daily change after opening positively today. Very good fundamental reports were released in U.S. today and yesterday but they failed to inspire…
Euro was trading in the red zone against the dollar for the major part of the today’s trading session but immediately after the report on the U.S. employment sector was released, the EUR/USD currency pair hastened down considerably. Currently it’s trading near 1.3400.
EUR/USD rose today for the first time in the last four days. All three important macroeconomic reports that were released today in the United States showed that the world’s biggest economy is still quite far from leaving the global financial crisis behind. EUR/USD is trading…
EUR/USD fell today as some bad and some good news regarding the state of the economy were released in the United States. EUR/USD is currently trading near 1.2888 after reaching as low as 1.2812 earlier today.
ADP Employment report showed that the private nonfarm employment declined by 522k…
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