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EUR/USD was down today as talks between Greece and its creditors continue without any real result, making traders think that an outcome of the discussion will be unfavorable. Additionally, there is speculation that measures proposed on the last EU summit won’t be enough to end the European credit crisis. …

EUR/USD surged today after the Federal Reserve and five other banks of developed nations announced their agreement to cut interest rates on dollar liquidity swaps. (Event A on the chart.) This measure is viewed by market commentators as a help for European banks to fund its dollar reserves. Before the announcement the currency pair was …

EUR/USD advanced today after the European Central Bank surprised markets, reducing its main interest rate (event B on the chart), and Greek Prime Minister George Papandreou canceled the planned referendum. The European Union leaders threatened to throw Greece out of the Union in case the country would reject the bailout. The lower interest …

EUR/USD extended its slump for the third day as US manufacturing expanded last month, while it was expected to decline, and jobless claims decreased last week. As for negative news, construction spending didn’t rose as was predicted, but showed a noticeable drop.

Initial jobless claims (seasonally adjusted) decreased to 409k …

EUR/USD currency pair was slowly declining today, but jumped after the Federal Open Market Committee maintained the interest rates near zero and suggested that it may keep the exceptionally low rates for the next two years. The extremely dovish statement wasn’t very helpful for the euro, though, as it erased …

EUR/USD advanced today as the reports about the US economy were again negative. Moody’s Investor Service said that it may downgrade the US credit rating. EUR/USD currently trades near 1.4479.

Initial jobless claims posted the increase to 422k last week from the previous week’s 428k, instead of the expected …

EUR/USD slumped today after the European Central Bank kept its main interest rate unchanged. (Event A on the chart.) ECB President Jean-Claude Trichet said that the policy maker will watch the inflation “very closely”, suggesting that the Bank may lift rates in June. The euro’s rally stalled this weak …

EUR/USD climbed today as European Central Bank President Jean-Claude Trichet said that the interest rates may be higher next month. The ECB maintained its benchmark interest rate unchanged at 1% today. The economic reports were in line with the analysts’ forecasts today, except the report about the jobless claims …

President of the European Central Bank Jean-Claude Trichet said that inflation risks are “broadly balanced”, reducing bets that ECB will raise interest rates and driving EUR/USD down. At the same time, US service industries and factory orders posted surprisingly good results, supporting speculations that the Federal Reserve …

EUR/USD jumped today on hopes that tomorrow’s meeting of the European Central Bank’s Governing Council will help to find solution to European debt crisis. Most analysts, though, aren’t convinced that any significant change of the situation will follow the meeting and think that the rally is short-lived. US economic reports …