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EUR/USD reversed its rally today on concerns the European leaders won’t be able to contain the debt crisis. The European Union finance ministers meet today in Wroclaw, Poland. Finland’s Finance Minister Jutta Urpilainen said it’s unlikely they reach an agreement about measures necessary to deal with the debt issues.…

EUR/USD today moved sideway before the GDP report. The currency pair began to rise after the report showed that the US economy in the second quarter of this year grew with slower pace than was expected. Yet EUR/USD slumped after Federal Reserve Chairman hinted about possible increase of stimulus …

EUR/USD was moving today without any particular pattern. It was falling at the start of the trading session, reversed its downward trend only to fall again. Currently the currency pair slowly crawls back to the upside. The fundamental reports were also confusing. Retail sales were better than expected, but …

The euro rallied against the US dollar today immediately after the GDP report was released in the United States and continued to rise afterwards as more dollar-negative data figures were released there.

Annualized GDP growth in the second quarter of 2011 was at 1.3% in US. The growth followed a 0.4% rise (revised negatively from …

EUR/USD fell today for the second day as Fitch Rating downgraded Greece’s credit rating yesterday, increasing worries about the debt crisis in Europe. The current performance of the currency pair is result of a weak euro, not a strong dollar. The US currency isn’t supported by fundamentals as virtually all economic reports today were …

EUR/USD dropped today for the first day after four days of gains. The currency pair is likely to post the first weekly gain after the three weeks of losses and it posted a monthly gain in June. The PMI unexpectedly rose in June, while construction spending also provided surprise, but unpleasant one. EUR/USD …

EUR/USD jumped today as it seems that the European leaders have made headway in reaching agreement about plans to save the Eurozone, and Greece in particular, from the debt crisis. The US leading indicators rose last month more that expected and that’s a good sign, which was muted, though, buy the declining …

EUR/USD advanced today as the tide of bad news from Europe seems to calm down, while the US house market performed simply terrible last month. The positive sentiment of the US consumers currently pushes the currency pair to the downside, though. EUR/USD trades near 1.4235 now after it jumped as high as 1.4298 …

EUR/USD surged today on the positive economic data from Europe, but quickly lost its gains. The US economy also showed robust growth as the reports about inflation and consumer sentiment indicated. EUR/USD trades now at 1.4193, following the jump from 1.4244 to 1.4340.

US CPI rose 0.4% in April on a seasonally …

The dollar recovered against the euro today after a bearish performance earlier as some positive news regarding personal income and spending coming out in the United States during the day. Mixed sentiment indexes continued to play in the greenback’s favor. EUR/USD is now trading near 1.4821.

Personal income increased by 0.5% in the US …