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EUR/USD regained some strength after it dropped earlier today as the earthquake in Japan spurred Forex traders to buy safer currencies. We had reports of the growing retail sales and business inventories in the US. Consumer sentiment was rather worse than expected. EUR/USD trades now at 1.3835.
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 EUR/USD behaved rather jumpy this trading session with an early morning monthly peak, a correction after it and then a new wave up until now. The latter was caused by the series of the macroeconomic releases that came out in US today. EUR/USD is currently trading near 1.3370 after rising …
EUR/USD jumped today in the first half of today’s trading session on speculation that the Federal Reserve is going to expand its bonds purchasing program, but later the currency pair dropped as reports from the US bolstered the dollar. Today virtually all reports were favorable for the US currency. The Fed didn’t changed …
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 …
The euro slid versus the dollar earlier as the confidence in Europe’s economy worsened but now returned to its opening level and continues to rise. There is not much data from the US today. Retail sales rose as was expected and business inventories unexpectedly surged. EUR/USD trades currently near 1.2897 after …
EUR/USD jumped today at the start of trading session on good GDP values in Eurozone countries, especially Germany, but later resumed its decline. Reports from US hadn’t brought any surprise, as forecast correctly predicted changes of macroeconomic indicators. EUR/USD is trading now near 1.2761 after jumping as high …
The euro went down today at the start of the trading session against the dollar after industrial production in Europe expanded less than expected and Spanish financial institutions borrowed record amount from the European Central Bank. Unfavorable reports from the U.S. pushed the dollar down later. While concern about the state of European …
The euro suffers volatility today after three days of gains against the U.S. dollar as it initially rose, then experienced a sharp decline and now resides near the opening level. Today’s data from the U.S. should cause mixed feeling among traders as retail sales unexpectedly and sharply declined, yet consumer …
