EUR/USD rose today for the first time in four days as the U.S. fundamental news came out better than expected and spurred optimism in the Forex and stocks traders. At this moment EUR/USD is trading near 1.3549 after reaching as low as 1.3417 earlier today.
Durable goods orders increased…
EUR/USD posted a rather deep decline today after showing some weak drops during the previous two days. The U. S. macroeconomic reports from the employment, industrial and housing sectors were all negative today. EUR/USD is now trading near 1.2976 after opening at 1.3150.
It looks like EUR/USD can’t really decide where to go next — the second consecutive day is marked with almost zero change with a slight advantage for the European currency. The final data on Q3 GDP along with some other macroeconomic reports didn’t surprise the traders enough to affect the Forex…
EUR/USD declined today after rising for three consecutive days as many macroeconomic reports were released in the United States. EUR/USD is currently trading near 1.2939 after reach as high as 1.3080 yesterday.
Durable goods orders decreased by 6.2% in October after declining by 0.2% in September (revised down from the 0.8%…
Weak fundamentals will probably make Fed to cut the interest rate one more time by the end of the year. At least the dollar’s bearish movement on Forex today indicate that. EUR/USD reached its peak above the yesterday’s high and posted the first positive result in three days.…
The U. S. dollar rose against the euro after the important statistics came out in U.S. today. Although the daily gain is almost absent, EUR/USD went significantly down from its daily maximum at 1.5753 after the news releases and is now trading near 1.5683 level.
EUR/USD grew today from 1.5571 to 1.5573 making it a second gaining day this week, but it’s still trading below the Monday open rate (which is 1.5627). All fundamental releases were quite neutral today, so they couldn’t help much neither dollar nor euro. Forex market participants await FOMC rate…
U.S. dollar stopped its appreciation against euro and pound today after macroeconomical statistics was released today in U.S. Disappointing data stopped EUR/USD from going below 1.5700 level (which was a lowest level last Friday too) and the currency pair went up to 1.5731 from its daily…
EUR/USD slid to its minimum value since April 14 today on Forex — 1.5675, as the investors started to consider the U.S. currency to be oversold and the further interest rate cuts by the Federal Reserve — unlikely. Fundamental data that was released today in U.S. was mostly disappointing, but…
EUR/USD gained more than 100 pips today as it continued to grow on Forex before and after the fundamental news releases in U.S. Some of those releases were rather neutral, while one was particularly bad. Although EUR/USD descended from its historical maximums it is now starting to return to the bullish…
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