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,…
A U.S. employment report provided support for the EUR/USD currency pair to climb significantly erasing earlier losses as data came much below forecasts, declining attractiveness for the dollar which also posted losses versus several important currencies before the end of this week’s session. EUR/USD is currently trading at 1.4415 and is…
The dollar stopped growing against the euro today as the Forex market reacted on the growth of the oil price with the decrease of the inventories. The rising U.S. stock markets also helped EUR/USD to recover. The currency pair is now trading near 1.4747 after falling as low as 1.4667 intraday.
Wholesale inventories increased by 0.3% in October,…
EUR/USD fell slightly today as the U.S. nonfarm payrolls report missed the quite optimistic forecast of the traders. The overall daily trading range remains rather compact today and the current drop may still be considered as some end-of-the-week technical correction after crazy fast growth on Wednesday. EUR/USD pair is currently…
The euro went up against the U.S. dollar today on the Forex market but the latest trading results show that the EUR/USD pair has met its resistance point near 1.4800. The fundamental factors that affect the U.S. dollar look positive, as the macroeconomical statistics from United States is rather good…
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.
EUR/USD fell for the fourth day on the Forex market today and, although the decline is rather insignificant compared the last week’s drops, it’s still a fall that continues a technical bearish trend and has some strong fundamental reasons. The mixed economic reports coming from U.S. spur risk-awareness among the traders,…
Not the last role in the today’s recovery in EUR/USD has played the report on the initial jobless claims in U.S., which turned out to be better than the optimistic forecasts predicted. But it’s still unknown whether this correction can be a long-lasting one or not. EUR/USD is now trading near 1.3964.…
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 rose for a second day today and reached the highest value in more than a month after the U.S. employment declined at a less than expected rate. Traders felt more confidence in the high-yielding assets and turned to stock and euro buying, dumping the low-yielding greenback.…
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