EUR/USD — News Archive

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US Dollar Weak, Anticipating Fed Policy Decision

The US dollar was extremely weak today, waiting for the monetary policy decision of the Federal Reserve. Economic data released on Tuesday in the United States missed market expectations, giving no help to the US currency.

Improving Economic Sentiment Fails to Boost Euro

The economic sentiment in Germany as well as in the whole eurozone improved significantly this month. But that failed to give a noticeable boost to the euro, which was moving in a range in the second half of the Tuesday’s session.

Euro Rallies to 2-Week Highs on Positive Sentiment, Later Drops

The euro today extended last week’s gains against the US dollar driven largely by positive investor sentiment given the lack of major releases from the European docket. The EUR/USD currency pair rallied to 2-week highs in the mid-European session before dropping lower as investors became wary of current geopolitical conditions.

Euro Drops on Mixed Euro Area Data, Rallies on Weak US Data

The euro today headed lower in the early European session following the release of mixed data from across the euro area before rallying higher later. The EUR/USD currency pair recovered in the early American session following the release of disappointing American industrial data.

US Dollar Mixed on Tame Wholesale Inflation, Higher Mortgage Applications

The US dollar is mixed against a basket of currencies on Thursday, attempting to find direction on economic data. The greenback has been trading based on inflation numbers, mortgage loans, and weekly jobless claims, but data may not affect the buck until the US and China officially announce a new trade agreement.

Euro Rallies on Positive European Releases and Mixed US Prints

The euro today extended its rally against the US dollar for the fourth consecutive session driven by positive eurozone releases. The EUR/USD’s rally was also boosted by the release of mixed US data and the improved market risk sentiment amid Brexit hopes.

Euro Rallies on Weak US Inflation Data Amid Brexit Headlines

The euro today rallied for the third straight session against the US dollar as investors reacted to the mixed US inflation data released today. The EUR/USD currency pair’s rally was further boosted by Brexit developments as the EU and the UK agreed to a raft of joint declarations on the Irish backstop issue.

US Dollar Lower Despite Strong Retail Sales, Gains on Safe Peers

The US dollar traded generally lower versus other most-traded currencies today, but managed to gain on safer ones, like the Japanese yen and the Swiss franc. Analysts explained such behavior by the market sentiment, which was positive to riskier higher-yielding assets. US retail sales were better than expected, but traders largely ignored the data.

Euro Mixed, Capped by Disappointing German Data

The euro was mixed today, falling against commodity currencies, trading flat against the US dollar and the Japanese yen, while posting big gains versus the Swiss franc. Market analysts attributed such behavior to the risk-on mode of markets. Macroeconomic data released over the session in Germany was disappointing, preventing the currency pair from going higher.

US Dollar Mixed on Disappointing Jobs Data, Stock Market Rout

The US dollar is trading mixed against a handful of currency rivals at the end of the trading week. The buck is finding direction on a disappointing labor report, as well as a stock market rout across the globe.

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