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EUR/USD advanced today for the third session as the International Monetary Fund wants to boost its lending resources by $500 billion to safeguard from the global economy from the European crisis. Greek Prime Minister Lucas Papademos will talk with private bondholders to convince them forgive Greece at least half of its …

EUR/USD advanced today, ending the three-day decline, after Spain’s debt auction exceeded its maximum target. The US data today can be considered good for the most part, most notably unemployment claims that continue to fall.

PPI increased 0.3% in November, exactly as forecasts promised. The index declined with …

EUR/USD extended its downfall today as yield on sovereign bonds of the European Union nations continued to rise. The currency pair is currently rising and has potential to erase its losses. The data from the USA was again good with the exception of the inflation that unexpectedly declined.

CPI decreased 0.1% in October on a seasonally …

EUR/USD dropped today for the second day as Moody’s Investor Service added to worries about Europe, saying that France’s top credit rating is threatened by the region’s debt crisis. At the same time, the economy of the US showed sings of improvement, alleviating concerns about a potential economic slowdown.

PPI rose 0.8% in September, …

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.…

This day was rather unfavorable for the US dollar as fundamental reports were far worse than was expected. EUR/US jumped as a result. Market analysts promised that US manufacturing would expand and purchases of US long-term securities would increase. Today’s reports proved such optimistic forecasts to be completely …

EUR/USD pared losses today as Greek Finance Minister Evangelos Venizelos suggested that agreement among the European leaders on a way out of the debt crisis is “attainable”. The European Union politicians will meet in Brussels on July 21. The report on the US housing market was quite positive today and tomorrow’s report is …

EUR/USD slumped today, erasing all gains of this week, as the European leaders can’t find an agreement about measures to deal with the sovereign-debt crisis. Greece’s credit rating was downgraded to the lowest possible ‘CCC’ on June 13. The fears of the possible default drove the euro to the downside even as the US economic data was …

EUR/USD rose as the European Union finance ministers conduct meeting in Brussels to discuss the debt issues of the peripheral economies, including Greece. The US manufacturing slowed this month, further boosting the currency pair. EUR/USD currently trades at 1.4168.

NY Empire State Index was at 11.9 in May. It’s almost …

EUR/USD was tumbling today, but now has found support and tries to decide where to go next. The euro was hurt as Moody’s Investor Service cut Ireland’s credit rating and kept the outlook on negative. Today’s reports from the US showed robust growth of the industrial output and the manufacturing, as well as the unexpectedly strong …