EUR/USD — News Archive


Euro Declines Against US Dollar on Positive US Data

The euro today declined significantly against the US dollar after a raft of positive releases from the US docket starting with the ADP employment change data in the mid-European session. The EUR/USD currency pair had registered some gains early in the European session after the release of positive Markit Eurozone Services PMI data.

EUR/USD Gains Ahead of Data-Heavy Week

The euro gained against the US dollar during the Tuesday’s quiet session ahead of the rest of the week, which will be very heavy on economic data from the United States. The shared 19-nation currency also gained on its other most-traded rivals.

US Dollar Rises as Manufacturing Data Exceeds Expectations

The US dollar rose against other major currencies on Monday following the release of manufacturing activity data that exceeded analyst estimates. Expectations of higher interest rates in the short term led an index that tracks the strength of the greenback touched its highest level in about one and half months.

Euro Stable After Catalan Independence Referendum

Political crisis in Spain led to worries among investors and drove prices for European assets down. Yet the euro was showing muted reaction to the news so far.

Dollar Ends Week & Month on Strong Footing

The US dollar ended the week firm, rising against most of its major peers. What is more, September was a good month for the greenback overall as it gained against most of its major peers.

US Dollar Higher Against Most Rivals

The US dollar rose against most of its major rivals (though not all of them) today even as mixed macroeconomic reports did not lend much support to the currency.

Euro Rallies Against US Dollar on Weak PCE Data

The euro today gained ground against the US dollar after the release of weak US Personal Consumption Expenditure data early in the North American session. The EUR/USD currency pair had rallied higher during the early European session despite the release of the flash Eurozone CPI estimate by Eurostat, which missed expectations.

EUR/USD Rallies to New Highs Ignoring Strong US GDP Data

The EUR/USD currency pair today rallied to new highs ignoring the robust US GDP data released mid-European session, which led to a brief decline. The currency pair rallied higher in the late Asian session and the early European session after the release of positive Eurozone data.

Euro Declines Against US Dollar on Positive US Data

The euro today declined against the US dollar on the back of positive US macro data including the durable goods orders and the weak MBA mortgage applications data. The euro was weighed down by the political uncertainties in Germany even as Angela Merkel is expected to form a three-way coalition government.

Euro Falls for Second Day After German Election

The euro fell today, retreating for the second day in a row, as the inconclusive outcome of the German federal election over the weekend led to political uncertainty in Europe.