Another consecutive day of losses for the European single currency this Thursday evidenced a decrease in attractiveness for the euro as services and manufacturing reports published today showed worse than expected figures in the Euroland. The U.S. dollar continued bullish today versus several currencies despite mediocre data showed in nation’s reports today. EUR/USD…
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…
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…
EUR/USD is now finishing its third correction-after-gain 2-day pattern on the chart as the U.S. job data inspired bearish speculations for the stock markets’ correction. The currency pair is now trading near 1.4983 after setting its new yearly record at 1.5045.
Initial jobless claims increased from 520k to 531k…
EUR/USD managed to reach its new high level since late September 2008 and then went down below the daily open level today. The FOMC decision played the major role in today’s decline of the euro against the U.S. dollar. Currently EUR/USD is trading near 1.4764 after reaching as high as 1.4842…
The euro is trading slightly below its open level against the greenback after the initial jobless claims report showed a small rise today. EUR/USD is currently floating near 1.4219 after opening at 1.4233.
Initial jobless claims went up from 561k to 576k during the last week, while…
EUR/USD posted a small insignificant gain today as the market participants couldn’t sustain such a long bullish trend after three days of growth. Despite the fact that the economic indicators that come out in U.S. today were quite positive, EUR/USD is still trading only slightly above its…
EUR/USD continued its seemingly unstoppable growth today after the Federal Reserve pledged to buy the U.S. treasuries with the printed money yesterday. The fundamental releases were quite mixed today and couldn’t affect the dollar’s fate. EUR/USD is now trading near 1.3698.
The euro and other major currencies were growing for the whole day against the U.S. dollar today. EUR/USD almost rose to its Tuesday’s open level — the day when it fell by the most since February 4th. Currently EUR/USD is trading near 1.2684.
PPI increased by 0.8%…
Today EUR/USD rose at a fastest pace since December 17. As the fundamental data reports were very positive in the United States, traders thought that it might be a good chance to bet against the dollar in the favor of the more risky and high-yielding currencies. EUR/USD rose from 1.2916 to 1.3141 as of now.…
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