EUR/USD is currently showing a perfect Doji candlestick patter on the chart as the traders reacted to the improved trade balance deficit of the United States. Meanwhile, the jobless claims remained near the same level as a week before, leaving the Forex traders no real guidance for the short-term future. EUR/USD is now trading near 1.3659.…
The U.S. dollar pared losses versus the euro today despite the negative numbers brought by a trade balance report published today, since the Greek crisis is still the factor defining market sentiment. The dollar fell yesterday on speculations that an EU summit to be held tomorrow would include a proposal to rescue Greece,…
The EUR/USD currency pair had a day of high volatility as the dollar is experiencing a decline on its sentiment, since the U.S. economy provided some worse than expected figures in reports published during the past few days. Today’s beige book was expected with concern by some analysts with a negative tone…
EUR/USD posted little daily volatility compared to the recent trading days today despite some interesting macroeconomic statistics coming out throughout the world. While the weekly jobless wasn’t very favoring for the greenback, the budget and trade balance deficits were better than expected and could help the dollar to grow against the euro.…
EUR/USD had a mild advance today after losing sharply in yesterday’s session, as European quarterly growth figures were positive. The U.S. trade balance deteriorated even further from the past month, in a week marked by extreme volatility in the pair and lack of a consistent trend. EUR/USD is trading at 1.4873 from virtually…
EUR/USD was rising every single trading day this week despite rather poor dynamics of the U.S. macroeconomic indicators. We received a series of important reports this week and they mostly failed to support the dollar. EUR/USD is now trading near 1.4591 after opening at 1.4304 on Monday.
The most popular Forex currency pair gained today, going above the highs of the previous two days, as the traders reacted to the increased U.S. trade balance deficit and the expectations of a liquidity-increasing decision from the Fed later today. EUR/USD is now trading near 1.4200.
U.S. trade balance deficit was reported…
The U. S. dollar rose against the euro today as the currency market participants reacted to the improved trade balance deficit report, which showed another decline for the month of May. Also the whole recent trend for going into safer assets is still in its power, helping such currencies as the dollar and the yen to compete in Forex.…
Euro declined against the U.S. dollar today after growing during the early trading session and yesterday. The increased U.S. trade balance deficit didn’t help the Eurozone currency to advance against the greenback. Traders probably treated the drop in imports and exports as the negative…
The dollar was losing strongly during the early trading session today but failed to fall past its support and euro’s resistance level located near 1.3720, as the U.S. reported decline in its global trade and traders shunned the high-yielding assets. EUR/USD is now trading near…
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