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EUR/USD was down today as talks about reducing Greek debt ended in a stalemate. Private creditors demand 4 percent interest rates, while Greece asked for less than 3 percent. The negative outcome of the discussion may result in a new wave of risk aversion on the Forex market. US data again was …
EUR/USD was rising today, stalled, then sharply dropped, and currently trades sideways, remaining above the opening level. The gains aren’t big, though. The report about the US housing market wasn’t good, but manufacturing and consumer sentiment showed signs of improvement.
Seasonally adjusted S&P/Case-Shiller home price index fell …
EUR/USD was volatile today as the impact of concerns about Europe and the resulting demand for the dollar as a safe haven was negated by worries about the situation in the United States. The congressional deficit-reducing supercommittee failed to reach consensus on spending cuts required to tackle the budget shortfall. Despite the political impasse, rating agencies signaled that they …
EUR/USD was trading flat for the most part of today’s trading session, but later started to decline. At present, the currency pair rebounded and is trading near its opening level as the fundamental data from the US was unexpectedly bad. Most reports showed worsening condition of the US economy and all of them were …
The EUR/USD currency pair rose today at fastest pace since September 15, as the Forex market reacted on the optimistic speculations that the eurozone’s politicians will find the way out of debt troubles for Greece and other fiscally unstable members of the union. The mediocre macroeconomic stats that were released in the United States today and yesterday …
EUR/USD rallied today after the report showed a better than expected value for manufacturing growth in the Eurozone. (Event A on the chart.) The currency pair started to fall by 9:30 GMT, but currently attempts to resume rally as the US manufacturing declined even more than was predicted.
New home sales were at a seasonally adjusted …
The euro gained against the US dollar before the macroeconomic reports of today were released in the United States. Its gain can be connected to the US public debt ceiling debates. Following today’s fundamental releases, the dollar managed to regain some of the losses. EUR/USD is currently trading near 1.4468.
S&P Case …
EUR/USD jumped today for the second day as hopes for Greece supported the euro. The currency pair traded sideways in the first half of today’s trading session, but surged at the second half. The positive influence of the stabilizing manufacturing on the dollar was tempered by the negative impact of the declining consumer sentiment. EUR/USD trades now at 1.4361.
EUR/USD rose today after two sessions of decline. The decline of the currency pair was caused by concerns that the European economy is weakening, but the report about the German business climate (Event A on the chart) showed that the economic conditions remained stable. The US data was positive for the hosing market, but …
Mixed fundamental reports coming out from the US today pushed the EUR/USD currency pair up to a new record maximum level since late December 2009. While there are positive news about the consumer confidence levels and the optimism from the yesterday’s new home sales report, the dollar-negative news about …
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