Archive

EUR/USD fell today after a report showed that Spain entered a recession, but later the currency pair rebounded and traded in a wide range. Currently, the euro stays flat. The US economic data was somewhat worse than expected and definitely worse than the previous reports.

Personal income and spending increased in March. …

EUR/USD climbed today, erasing yesterday’s losses, after European finance ministers agreed to boost the firewall against the debt crisis. The euro’s rally stalled, though, and the shared 17-nation currency is gradually falling back to the opening level. As for the United States, the data today was relatively good, even though some reports …

EUR/USD was falling today, but attempted to rally after the set of poor economic report from the United States was released. The attempt failed so far. Almost all US fundamental data was worse than anticipated by analysts. One notable exception was unemployments claims that stayed almost …

EUR/USD was rising today amid speculations that Greece made progress in talks about debt-swap, but the currency pair dropped sharply later. All fundamental reports from the United States were negative today, reducing appeal of the US currency.

S&P/Case-Shiller home price index fell from 138.39 in October …

EUR/USD erased its previous gains today as the data from the United States continued to be positive, while the future of the European Union is still uncertain. Durable goods orders showed particularly good growth, while the housing market continued to improve. Income and expenditures of the US citizens were smaller that expected, …

EUR/USD dropped today on the signs that the recovery in Europe stalled. Germany failed to sell 35% of its 10-year bonds, making traders question: what hope has Europe if its strongest economy has such problems with sale of its debt? The United States, on the other hand, continue to show positive signs. …

EUR/USD declined today as yesterday’s optimism waned surprisingly fast. It’s interesting to see how long positive sentiment persisted on mere speculations earlier, but the actual positive developments of the situation in Europe weren’t able to keep optimism even for few days. The US fundamental data continues to provide conflicting signals. Michigan’s …

The dollar rose significantly against the euro today, as the poor macroeconomic statistics from the United States and the global risk-averting mood caused investors to seek safety in USD. Both rising business and consumer confidence in the United States failed to support the currency pair.

Personal income and spending report disappointed the investors today. The income fell …

EUR/USD jumped at today’s trading session as the optimistic speech by Federal Reserve Chairman Ben S. Bernanke improved market sentiment, but was declining afterwards. The currency pair jumped in the middle of the session, but currently falls again.

Personal income and spending increased in July. Personal income grew 0.3%, exactly as analysts …

The euro traded mixed against the US dollar after today’s macroeconomic reports, gaining considerably before the European trading session started. Noteworthy is the fact that the EUR/USD reacted positively to the positive US reports and vice versa for the negative ones today.

ADP employment report showed a seasonally adjusted growth of the payrolls …