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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 extended its decline today as Europe remains plagued by fears of a sovereign-debt crisis. Reports from the US were mixed as retail sales grew more than expected, but manufacturing unexpectedly slumped. EUR/USD trades at 1.3591 now.

US retail sales posted an increase by 1.2% in October, according to advance estimates. …

The Federal Reserve Chairman Ben Bernanke in his speech today signaled that the Fed indeed is going to stimulate the US economy. Instead an expected weakness of the dollar we’ve seen slump of the euro. There was many reports from the US today and economic data was somewhat mixed. EUR/USD trades now …

EUR/USD was trading sideways today after declining somewhat, but recently jumped as economic reports from the US was rather bad. Reports indicated that US economy is still growing, but pace of growth is constantly slowing. EUR/USD trades now at about 1.3017.

NY Empire State …

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 …

EUR/USD advanced for the third day on today’s Forex session after Spain auctioned its debt, easing concern for the nation’s fiscal system and for Eurozone economy, while news from the U.S. remain bad. True that the U.S. economy continues to expand, but with the constantly slowing pace how long can it …

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. …