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EUR/USD were rising at the first half of today’s trading session and started to decline later, but for now it trades above the opening level. The reports today were generally positive, with the notable exception of the industrial production and capacity utilization that declined in February. EUR/USD trades at 1.3991 now.
EUR/USD advanced today for the second day as the unemployment claims rose and the leading indicators grew less than predicted in the US. On the bright side, the report about the business activity was very optimistic. The currency pair was slowly declining throughout the day, but began to rise after the reports. EUR/USD trades now at 1.3598.…
The euro have failed to stand against the US dollar today when some important macroeconomic data was released. The first bearish wave was launched by the weekly employment data, but it was recovered in a correction, the second wave was launched by the housing data and it was more successful. EUR/USD is …
EUR/USD advanced for a second day today as talks that a bailout will allow to contain Ireland’s debt problems suppressed concerns somewhat. Today’s report from the US were generally in line with forecasts, except Philadelphia Fed index, which was much better than initially expected. EUR/USD trades now …
EUR/USD rose today as economic data from the US was less encouraging than expected. On the other hand, the data wasn’t very bad by itself: jobless claims decreased, manufacturing conditions improved a little and leading indicators rose. EUR/USD currently trades at about 1.4027 after it dropped to the intraday low of 1.3872.…
EUR/USD currency slipped today as economic data from Europe suggested about struggling recovery, while reports from the US, including existing home sales and leading indicators, were encouraging. Number of unemployment claims unexpectedly increased, though. EUR/USD trades currently near 1.3332.
Initial jobless claims posted an increase …
EUR/USD rose today, following yesterday’s decline, as reports from the US today were really bad. Unemployment claims posted increased instead of expected decline and the report from the Federal Reserve Bank of Philadelphia showed that manufacturing activity contracted. EUR/USD trades now near 1.2881.
Initial jobless claims went …
EUR/USD rose today above the yesterday’s open level as the macroeconomic reports from U.S. showed that the economy is recovering too slowly. Employment, housing and economic reports turned out to be negative today. The currency pair is now trading near 1.2920.
Initial jobless claims rose from 427k …
The euro erased its yesterday’s losses against the U.S. dollar as Spanish bond auction alleviated fears of the European debt crisis, while the dollar was weakened by some unfavorable macroeconomic reports. An unexpected increase of initial jobless claims and a sharp drop of Philadelphia Fed index were especially frustrating. EUR/USD currency pair …
The EUR/USD experienced significant volatility today as it was unclear whose economy is in worse shape — European economy or economy of the U.S. The number of jobless claims rose unexpectedly in the U.S., suggesting that the economic expansion may be lagging. Despite an unfavorable data from the U.S. the European Union debt crisis managed …
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