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EUR/USD recovered after the previous decline on today’s trading session as the Eurozone consumer prices grew, while the US jobless claims and factory orders posted worse-than-expected results. The inflation in Eurozone rose 2.6% in March. (Event A on the chart.) The currency pair was rising since the beginning of this week and economists think that traders …
Today we had a couple of positive reports from the US, yet the euro continued to rise versus the dollar. The optimistic predictions about the nonfarm payrolls proved true and the unemployment rate declined, even though it was expected to increase. The European currency showed signs of weakness after the release of the reports. EUR/USD trades …
EUR/USD extended its losses as the European Central Bank kept its main interest rates unchanged yesterday and as US unemployment rate dropped. On the other hand, non-farm payrolls were far worse than market participants have hoped for. EUR/USD trades currently at 1.3565.
Non-farm payrolls increased by 36k in January, …
EUR/USD continued to move down today on fears of debt crisis in Europe, even though poor employment reports could have weakened the dollar. Unemployment rate showed positive change despite increasing jobless claims and lower-than-expected non-farm payrolls. EUR/USD is now trading near 1.2930.
Nonfarm payrolls increased by 103k …
The euro extended its rally against the dollar for a third day as nonfarm payrolls were far lower than expected and unemployment rate unexpectedly increased. Factory orders also were worse than forecast. EUR/USD currency pair currently trades near 1.3342.
Nonfarm payrolls report showed that US employers …
EUR/USD dropped today, erasing yesterday’s gains, as reports from the US were better than expected, while European economic data caused concerns. That reminded us that, while the US economy and the dollar still remain weak, Europe hasn’t resolved its problems and the euro may experience sharp corrections. …
EUR/USD sharply advanced after today’s US nonfarm payrolls but soon tumbled even more sharply, yet quickly resumed its upward movement. One more reason for the Fed to perform quantitative easing and no reasons for the dollar to stop falling. EUR/USD trades currently near 1.3947 after it jumped …
EUR/USD currency pair is rising despite the good news from US labor market. Reports about employment were surprisingly good, especially considering grim forecasts. Non-manufacturing PMI, on the other hand, declined more than expected. EUR/USD trades currently near 1.2868.
Nonfarm payrolls declined in August at the same …
The reports about conditions on the US job market sent the dollar tumbling down as claims for jobless benefits increased, instead of decreasing as was expected, and nonfarm payrolls dropped a lot more than was forecast. The report about consumer credit showed better valued than Forex traders expected, but it was …
EUR/USD currency pair extended its gains today as lower-than expected nonfarm payrolls and decreasing factory orders added to signs that the U.S. economic growth slows. While the employment in the U.S. was showing troubling results for some time, the manufacturing sector previously supported the optimism for the U.S. And even it can’t support …