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 dollar outperformed virtually all of the 16 main traded currencies as domestic reports ranging from manufacturing to housing showed better than expected numbers for the U.S. economy, boosting attractiveness for assets in the country as the economic growth accelerates. The euro erased yesterday’s gains as the EU is unlikely to fund a bailout for Greece to solve its…
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…
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…
EUR/USD continued to fall for the third daily trading session today. It reached the lowest level since December 11 after reports on both budget deficit and trade balance deficit were released in U.S. today. Now EUR/USD is trading at 1.3194.
Trade balance deficit decreased from $56.7 billion (revised…
EUR/USD soared to the new highs near 1.5885 after the data on exports and imports was released in U.S. today. And, although the indicators came out better than expected, the dollar dropped at a very fast pace against all major Forex currencies.
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