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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 was down today as pessimism and doubts about ability of the European Union to resolve the debt crisis plagued traders. The news from the US, on the other hand, were largely positive, excluding the falling PPI.

PPI edged down 0.3% in October (seasonally adjusted) after rising 0.8% in September, while median forecast …

EUR/USD currency pair was initially boosted by the optimism, caused by the G20 meeting. The leaders of the European Union started to devise a plan for dealing with the debt crisis and euro bulls were happy to hear about readiness of European politicians to resolve the matter. Yet the euro gave away its gains as Steffen Seibert, spokesman …

EUR/USD rose today for the second day as the European Central Bank announced it will lend dollar to the bank of the Eurozone, reducing concerns about liquidity. There was plenty of macroeconomic data from the US, but it was rather confusing. Consumer prices, current account and industrial production signaled about recovery …

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 fell today for the second day as Fitch Rating downgraded Greece’s credit rating yesterday, increasing worries about the debt crisis in Europe. The current performance of the currency pair is result of a weak euro, not a strong dollar. The US currency isn’t supported by fundamentals as virtually all economic reports today were …

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 …