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EUR/USD gained today after two days of losses on the news that Greece will receive a bailout and a progress in a forming new government was made. US fundamentals were mixed. Import prices fell and the trade balance deficit rose. On the positive side, export prices increased and the federal budget balance had its …

EUR/USD advanced today after the European Central Bank indicated that it’s going to buy Spanish bonds in an attempt to reduce borrowing costs. The currency pair was rising steadily in the first half of the trading session, but stalled and currently declines. As for news from the United States, rising import and export prices together …

EUR/USD fell yesterday and continued its decline today after the FOMC refrained from adding stimulus for the US economy, as some analysts expected it would do. Moreover, the Committee changed its assessment for pace of the US economic recovery from “modest” to ”moderate”. The news boosted the dollar that was already advancing …

EUR/USD was dropping today virtually without pause, a trend that started yesterday’s evening. The major news today was a denial of the new portion of bailout for Greece until Greek leaders would agree on deeper budget cuts. Forex market roiled on the news as it looked like the next round of rescue was …

EUR/USD jumped to the highest level this week today after European Central Bank kept its main interest rate unchanged at 1.0% (event A on the chart) and ECB President Mario Draghi said he sees signs that European economy is stabilizing (event B on the chart). Most of today’s reports from …

EUR/USD was trading flat at the beginning of today’s trading session, but in the second half of the session rapidly declined and remained weak as of now. The currency pair slid yesterday as Moody’s Investor Service warned about possible downgrade of the European countries’ credit ratings. The US retail sales report was worse than …

EUR/USD rose today after Standard & Poor’s confirmed France’s top AAA credit rating, following the message about a downgrade of the rating that was sent because of a technical error. Fundamentals remained negative for the euro, though. Yield on French 10-year bonds surged, adding to concerns about the European crisis. The data …

EUR/USD jumped today as the leaders of the Group of Twenty started their meeting in Paris today. The G20 chiefs will discuss the European sovereign-debt crisis and the actions needed to be taken in order to resolve the situation that threatens the global economy. The news from the US were good for the most part, except for the preliminary report about …

EUR/USD rebounded today, receiving boost from French banks shares. Earlier the currency pair dropped as expectations of joint actions by Germany and France to resolve the European debt crisis proved to be wrong. Import and export prices in the US showed a positive tendencies last month, but the positive effect of the report was overshadowed …

EUR/USD dropped today as markets remain in risk aversion mode and concerns about Europe’s future persist. The currency pair attempted to rally after the report showed that the US budget deficit widened last month, even though it was below expected value. It’s hard to say at present how sustainable …