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EUR/USD was at the highest since December 21 as yesterday’s pledge of the Federal Reserve to keep interest rates low at a prolonged time continued to push the dollar lower. Macroeconomic reports weren’t helping the US currency as housing and jobs data was negative, while leading indicators rose less than expected.
EUR/USD erased its previous gains today as the data from the United States continued to be positive, while the future of the European Union is still uncertain. Durable goods orders showed particularly good growth, while the housing market continued to improve. Income and expenditures of the US citizens were smaller that expected, …
EUR/USD was rising today on the speculation that the European leaders will seek a way out of the crisis. The European finance ministers are meeting today to discuss measures for boosting the bailout fund. The currency pair gave away most of its gains on concerns that the talks won’t be followed by some meaningful actions. …
EUR/USD fell today, while earlier it was moving sideways as traders waited for the outcome of today’s European Union summit. The drop was sharp and its cause is unclear. Today’s data about the US housing market contradicted yesterday’s report as it showed an improvement instead of worsening conditions.
The EUR/USD currency pair rose today at fastest pace since September 15, as the Forex market reacted on the optimistic speculations that the eurozone’s politicians will find the way out of debt troubles for Greece and other fiscally unstable members of the union. The mediocre macroeconomic stats that were released in the United States today and yesterday …
EUR/USD rallied today after the report showed a better than expected value for manufacturing growth in the Eurozone. (Event A on the chart.) The currency pair started to fall by 9:30 GMT, but currently attempts to resume rally as the US manufacturing declined even more than was predicted.
New home sales were at a seasonally adjusted …
The euro gained against the US dollar before the macroeconomic reports of today were released in the United States. Its gain can be connected to the US public debt ceiling debates. Following today’s fundamental releases, the dollar managed to regain some of the losses. EUR/USD is currently trading near 1.4468.
S&P Case …
EUR/USD slumped today on the speculation that the Federal Reserve won’t extend its bond purchases after the current program of asset buying will come to an end this month. Some economists even think that the Fed won’t continue the quantitative easing, but that sounds unlikely, considering current unfavorable economic …
EUR/USD rose today after two sessions of decline. The decline of the currency pair was caused by concerns that the European economy is weakening, but the report about the German business climate (Event A on the chart) showed that the economic conditions remained stable. The US data was positive for the hosing market, but …
Mixed fundamental reports coming out from the US today pushed the EUR/USD currency pair up to a new record maximum level since late December 2009. While there are positive news about the consumer confidence levels and the optimism from the yesterday’s new home sales report, the dollar-negative news about …
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