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EUR/USD rose today, following yesterday drop. The currency pair weakened somewhat a few hours ago, but now regained its strength. The deficit of both trade balance and federal balance decreased, even though it was still above forecasts. EUR/USD currently trades at about 1.4487.
EUR/USD slumped today as Moody’s Investors Service downgraded Spain’s credit rating to Aa2. The news from the US weren’t good either as the trade balance and the federal budget balance posted a bigger deficit, while number of the unemployment claims increased. EUR/USD currently trades at about 1.3795.
US trade balance deficit widened …
EUR/USD declined today for the second day, though the drop is slowing currently, as the social unrest in Egypt intensified as President Hosni Mubarak refused to step down. The US reports were in line with analysts’ forecasts and haven’t showed anything important. EUR/USD trades currently at about 1.3558.
US trade balance posted …
EUR/USD continued its rally today on optimism about the auctions of the European debt. It looks like demand for bonds of the indebted nations of the European Union increased after China and Japan announced their plans to help Europe. US economic data was positive for the most part today, but labor market continues …
EUR/USD fluctuated today and currently trades near opening level. Earlier the currency pair fell as European policy makers divided in their opinion on how to battle the fiscal crisis. The dollar was further supported by favorable reports about declining trade balance deficit, growing import and export prices and improving consumer confidence. …
EUR/USD currency pair dropped today on good economic reports from the US before rebounding. Virtually all US reports were favorable for the dollar, yet for now the euro is trading slightly above the opening level of this session. It’s not likely to gain much as renewed concerns for debt problems in peripheral …
The dollar continues its downfall against the euro in anticipation of another round of quantitative easing. Fundamentals don’t provide support for the US currency as reports about trade balance and jobless claims were somewhat worse than expected. EUR/USD surge today to 1.4121 and settled for now at 1.4069.
Producer Price Index (PPI) increased …
EUR/USD was falling at the start of today’s trading session, but later surged. It now fluctuates, but retain its upward trend. Reports from US were good today, yet they may actually aid the euro more than the dollar, as they eased concerns for global economic recovery. EUR/USD …
EUR/USD tumbled down today as yesterday’s dovish FOMC statement shook markets, seriously hurting outlook for the global economy. Today’s reports showed that trade balance deficit and treasury deficit increased, while US crude oil inventories continued to decline. EUR/USD trades now near 1.2874.
EUR/USD currency pair went up, following two days of losses, after Greece auctioned its debt, despite it fell at the star of trading session as Moody’s Investor Service has cut Portugal’s credit rating. Widening U.S. trade balance deficit hadn’t helped the dollar to outperform the euro. EUR/USD trades …