EUR/USD — News Archive

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Euro Higher vs. Dollar as German Consumer Climate Improves

The euro rose against the US dollar for the second day but edged down versus the Great Britain pound today after the positive economic news from Germany.

Dollar Mixed as Traders Wait for Yellen & Jackson Hole Symposium

The US dollar was mixed today, rising against the euro (after the falling earlier), falling versus the Great Britain pound, and staying almost flat against the Japanese yen. The greenback also demonstrated mixed performance against commodity currencies.

Euro Mixed After Release of PMIs

The euro rose against the US dollar but fell versus the relatively strong Great Britain pound following the release of Purchasing Managers’ Indexes from the eurozone.

US Dollar Mostly Rangebound Ahead of Jackson Hole

US dollar is mostly rangebound ahead of a meeting of central bankers later this week in Jackson Hole, Wyoming. Some expect Federal Reserve Chair Janet Yellen to express a readiness for an interest rate hike by the end of the year, and many are waiting to see what she says.

Euro Slightly Lower as Forex Traders Wait for Data

Euro is slightly lower against most of its major counterparts this morning, dropping a little bit as Forex traders consolidate positions and wait for tomorrow’s data releases.

Week Ends with Losses for US Dollar as Policy Outlook Mixed

The US dollar continued to be driven mostly by monetary policy outlook during the past trading week. Unfortunately for the currency, the outlook was not particularly supportive, though it has changed a bit by the weekend.

Talks About Fed Tightening Buoy US Dollar

The US dollar bounced today, rising for the first day in six against the US dollar, as traders continued to speculate about prospects for an interest rate hike from the Federal Reserve.

Dollar Remains Vulnerable After Fed Minutes

The US dollar remained weak today, falling for the fifth straight day against the euro, as the minutes released by the Federal Reserve continued to weigh on the greenback.

Euro Mostly Higher Today as Experts Talk of Reform

With all that’s going on right now, it seems as though euro should be heading lower. However, the 19-nation currency is mostly higher today, gaining against many of its counterparts. Euro is down against the US dollar, but seeing success against other currencies.

US Dollar Gains on Revived Hopes of a 2016 Rate Hike

US dollar is heading higher today, gaining as hopes are revived for another rate hike by the end of the year. Inflation numbers weren’t as low as expected, and many Forex traders are looking for reasons to be positive about the greenback.

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