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EUR/USD showed violent swings today, yet currently it trades almost unchanged from the opening level. This day, as the whole week, is relatively poor on macroeconomic reports. Tomorrow we’ll have the report on the trade balance, but it’s not expected to show a great change. EUR/USD trades near it …
EUR/USD fell today as the report about the US jobless claims didn’t support the prediction of Federal Reserve Chairman Ben Bernanke that unemployment will remain elevated. The budget deficit also showed a pleasant surprise, decreasing much more than analysts expected. EUR/USD trades currently at 1.3599.
EUR/USD surged today after it struggled at the beginning of the trading session as investors looked favorably on the auction of Portuguese debt. The euro also strengthened on speculations that China and Japan will buy European debt and that Germany will agree to increase the size of the European rescue fund. Data from the US was neutral …
EUR/USD extended its decline today as US claims for unemployment benefits posted a better reading than was expected, adding to optimism about US economy. EUR/USD currently trades near 1.3199.
Initial jobless claims dropped from 438k to 421k last week, compared to an expected value of 426k.
US wholesale …
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 …
The euro jumped against the dollar today with improving outlook for global recovery. Today we had only one report: about treasury budget. It showed that budget deficit significantly shrank in August. EUR/USD trades now at 1.2871.
US treasury budget posted a deficit of $90.5 billion in August…
EUR/USD dropped today as low as 1.3074, but surged after FOMC announced that interest rates remain at their record low levels. EUR/USD trades currently at 1.3211.
Nonfarm productivity preliminary report showed today the decrease by a 0.9% annual rate in the second quarter of 2010, following the growth by 3.9% in the first quarter. …
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 …
The euro managed to rise against the dollar for a second day as stocks and commodity prices rise. The statement of Federal Reserve Chairman Ben Bernanke that the U.S. economic recovery is restrained by the housing and commercial real-estate markets haven’t supported the greenback either. EUR/USD trades near 1.2050 now.
Wholesale inventories posted an increase …
EUR/USD rose today after two days of decline. The unprecedented €750 billion ($960 billion) loan package of the EU fueled some optimism for the common European currency, though concerns and doubts about the EU economy remain. The U.S. economy in the same time also showed good results as the trade deficit signaled that …
