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EUR/USD opened this week a way below the close of previous week and was gradually rising to the closing level of last Friday over this session. The euro may feel pressure as Portugal’s government collapsed after the Parliament refused to accept the austerity budget. The macroeconomic data from the US was positive today, especially …
EUR/USD rose today on the speculation that the Federal Reserve will maintain stimulus. The currency also rose as personal spending slowed and pending home sales declined more than predicted. The rally may slow as increasing personal income and improving business activity can support the dollar. EUR/USD currently trades at about 1.3827.…
EUR/USD continues to rise as the US economy underperforms, while the outlook for the European economy improves. Durable goods orders and initial jobless claims showed far worse results than was expected, while news from the house market were good. The currency pair slumped at the beginning of this trading session, but quickly …
EUR/USD rose today as signs of global economic recovery caused the shift of an investors’ attention from safe currencies, like the dollar, to riskier ones. Economic data suggested that economy of the US also recovers as all of today’s reports were positive and better than expected. EUR/USD trades now at 1.3281.
EUR/USD rose today, fell after the European Central Bank kept the interest rates unchanged and later advanced again as claims for unemployment benefits in the US unexpectedly increased. EUR/USD currently trades at 1.3181 after it reached the intraday low of 1.3060.
Initial jobless claims in the US increased from 410k to 436k, more …
EUR/USD dropped today, erasing yesterday’s gains, as reports from the US were better than expected, while European economic data caused concerns. That reminded us that, while the US economy and the dollar still remain weak, Europe hasn’t resolved its problems and the euro may experience sharp corrections. …
The euro fell versus the dollar today after a strong rally last week. The currency slowed its declined for now, but trades way below its last week’s highs and today’s opening level. Concerns for Europe’s economy should be a main reason for this decline as there was not much data …
The euro was declining at this Forex session against the dollar, than surged and now falling again. Values of jobless claims and nonfarm productivity in the US were near forecasts, but pending home sales presented a pleasant surprise for traders, growing significantly. On the other hand, factory orders rose less than expected. …
The USD slumped at the start of today’s Forex trading session, but later began gradually to rise. Unfavorable reports may reverse this trend, though. EUR/USD trades now at 1.3189.
Personal income and personal spending grew less than 0.1% in June. In May personal income increased by 0.3% (revised down from …
The EUR/USD currency pair extended its gains today as U.S. macroeconomic indicators left a very unpleasant impression today. The manufacturing sector showed a slowdown in the economic activity and home market confirmed its tremendous weakness, as pending home sales dropped a way more than was expected. Unexpected increase of jobless claims …