EUR/USD — News Archive

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Euro Declines on Mixed Eurozone Markit Flash PMI Releases

The euro today declined against the US dollar despite the release of mostly positive PMI data by Markit Economics from across the Eurozone. The single currency’s decline was largely fueled by the resurgent demand for the greenback as trade tensions between China and the USA calmed down.

Euro Rallies Higher Against a Weakening US Dollar, Later Declines

The euro today rallied against the US dollar during the European session after the release of the final Eurozone CPI data. The euro was on a downtrend against the greenback during the Asian session following the risk-on sentiment in the global markets, which later resumed in the early American session.

Euro Slips as ZEW Economic Sentiment Declines Sharply

The euro fell against most its major rivals (though not against the weak Great Britain pound) on Tuesday as the ZEW Economic Sentiment for Germany was rather disappointing.

Euro Rallies Against US Dollar Despite Positive US Retail Sales Data

The euro today rallied higher against the US dollar despite the release of positive US advance retail sales data in the early American session. The single currency was on an uptrend against the greenback from the early European session following a resurgence in the selling pressure on the greenback.

US Dollar Ends Week Stronger vs. Safe Currencies, Weaker vs. Commodity Ones

The US dollar ended the week rather soft, gaining on safe currencies, but falling against other peers, commodity currencies in particular.

EUR/USD Declines Despite Positive Trade Balance Data, Later Rallies Briefly

The EUR/USD currency pair today dropped significantly despite the release of positive Eurozone trade balance data in the early European session. The currency pair reversed its decline after the release of US consumer sentiment data in the early American session, but could not rally back to its session high.

Euro Declines Against US Dollar on ECB Minutes and US Jobless Data

The euro today dropped significantly against the US dollar after the European Central Bank released the minutes of its latest monetary policy meeting. The single currency’s decline started in the Asian session due to the imminent risk of an escalation in Syria involving the USA and Russia.

Dollar Mixed After FOMC Policy Minutes

The US dollar was mixed following today’s release of policy minutes by the Federal Open Market Committee. The currency fell against some rivals, while gained on others (primarily the riskier ones linked to the commodity market).

Euro Rallies Against US Dollar on Draghi Speech and US CPI Data

The euro today rallied slightly higher against the US dollar following the ECB President, Mario Draghi‘s speech at an event in Frankfurt. The euro kept rising after the release of the US Consumer Price Index data despite the core inflation print being in line with expectations.

US Dollar Ends Week Mixed, Canadian Dollar Strongest

The US dollar ended the week mixed, rising against such majors as the euro and the Japanese yen, but falling versus such currencies as the Great Britain pound and the Canadian dollar. While nonfarm payrolls was the main economic release during the past week, traders paid more attention to escalation of trade war rhetoric between the United States and China.

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