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EUR/USD gained yesterday as the European Union Summit gave hope that the debt problems of the European countries may be resolved, but the currency pair slumped heavily on today’s trading session. Currently the euro regained much of its strength. The currency pair may advance further as the Federal Open Market Committee maintained …
EUR/USD rose a little today after it dropped yesterday and currently it looks like it may resume its decline. This day, as well as the next two days, is rich for the macroeconomic data. The reports continue to demonstrate growth of US economy, but some of them were worse than expected. …
The US dollar dropped against the euro today. It was falling during the early trading session but it declined even farther when the macroeconomic reports were released in the United States. The euro also benefited from the good news from Eurozone suggesting that the financial authorities will strengthen their …
EUR/USD fell today as Moody’s Investors Service said that Spain’s debt rating may be downgraded. There were plenty of reports from the US today and they showed a mixed picture. EUR/USD currently trades near 1.3347 after it dropped previously as low as 1.3285.
CPI rose 0.1% in November, …
EUR/USD currency pair jumped today in the first half of the trading session, but later returned to its opening level. That was an unexpected move as virtually all reports from the US were worse than forecasts promised. Speculations that Ireland would be able to inject funds into its banks …
EUR/USD gradually rises after falling earlier today. It looks like the currency pair will be struggling to rise after such fast rally. EUR/USD trades now at 1.3948 after slumping previously to 1.3831.
Net foreign purchases of the long-term US securities was at $128.7 billion in October, …
The euro extended its rally against the dollar today as good reports from the US, including report on Producer Price Index and unemployment claims, increased investors’ risk appetite. Philadelphia Fed Business Outlook Survey said that “regional manufacturing activity was nearly flat in September”. EUR/USD trades now near …
EUR/USD currency pair is rising today, but declined after good economic reports from the US. EUR/USD currency pair trades near 1.2812.
N.Y. Empire State Manufacturing index increased to 7.1 in August from a previous reading of 5.1. Forecast promised a value of 8.1.
Net long-term purchases …
The euro was crippled today after Moody’s Investors Service reduced Greece’s credit rating, but managed to recover and resumed its rally. The data from the U.S., released today, left mixed feelings, but James Bullard, the President of the Federal Reserve Bank of St Louis, reassured that “the macroeconomic recovery in the U.S. …
EUR/USD trades higher than the opening level after it tumbled earlier today. Though an outlook for an economic activity in the U.S. remains favorable, the level of optimism significantly fell. Yet significant increase of net long-term securities transactions signals that the dollar may resume its appreciation. EUR/USD trades currently at 1.2390.…
