EUR/USD traded both down and up during today’s Forex session. The U. S. fundamental reports didn’t bother the Forex market much; it just continued to move with the current risk-averting trend. EUR/USD is now trading near 1.3204.
Building permits in U.S. were at a seasonally adjusted annual rate of 513k in March —…
EUR/USD continued its seemingly unstoppable growth today after the Federal Reserve pledged to buy the U.S. treasuries with the printed money yesterday. The fundamental releases were quite mixed today and couldn’t affect the dollar’s fate. EUR/USD is now trading near 1.3698.
The euro and other major currencies were growing for the whole day against the U.S. dollar today. EUR/USD almost rose to its Tuesday’s open level — the day when it fell by the most since February 4th. Currently EUR/USD is trading near 1.2684.
PPI increased by 0.8%…
EUR/USD traded near its open price for the first half of the day today but after the ECB decision to cut the rate by only 50 basis points — from 2.5% to 2% and saying that it’s not going to go lower during the next meeting, the euro gained momentum…
EUR/USD continued to go up today, posting the biggest weekly gain in its history — and it’s only Thursday today! The fundamental indicators from U.S. were mixed today, but the euro is probably still affected by the recent Fed interest rate cut. EUR/USD is currently trading near 1.4444 after reaching…
EUR/USD rose slightly today after some strong volatility that it showed yesterday. Overall it still remains in the red zone this week. The released indicators are still very pessimistic for the U.S. dollar. But they rarely matter in the current global financial conditions. EUR/USD…
EUR/USD went down slightly today after several important macroeconomic reports were released in the United States. With the indicator values being more negative for the dollar, the decline of the EUR/USD currency pair was more probably caused by the growth of the risk-aversion among…
The EUR/USD currency pair continued its ride up today before the economical releases in U.S. came out. Surprisingly, positive U.S. stock market opening, bad macroeconomic reports and the EUR/USD correction coincided today. EUR/USD reached 1.4542 today — the highest rate since September 4, but it’s currently…
Dollar declined today against the euro, allowing EUR/USD currency pair to rise above the last Friday’s open level. Currently it is trading near 1.4863 — 58 pips above Friday’s open. The decline was most probably caused by the investors’ concerns related to the U.S. financial market.
Dollar continued to grow today against its European counterpart as the housing construction data from U.S. appeared to be much better than expected. And although initial jobless claims and Philadelphia Fed index disappointed dollar bulls, EUR/USD went down from its daily high at 1.5893 to 1.5816 today.…
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