EUR/USD — News Archive


Greenback Trades Mixed Ahead of Brainard Speech

Later today, Lael Brainard, one of the policymakers at the Federal Reserve, is expected to make remarks. As a result of speculation over what he might say, the US dollar is trading mixed today.

Euro Ends Week Higher vs. Dollar & Pound

One of the most important events during the trading week was the monetary policy meeting of the European Central Bank. It turned out to be relatively positive for the euro, allowing the currency to rally against the US dollar and the Great Britain pound, though the euro did not perform well against all rivals.

Euro Climbs as ECB Remains Passive but Struggles to Keep Gains

The euro climbed against its major rivals after the European Central Bank decided to maintain its monetary policy, leaving it without changes. Currently, the euro trimmed its gains versus the Great Britain pound and almost lost them against the US dollar but remained firm versus the Japanese yen.

Eurozone GDP Keeps Euro Rangebound Against Majors

Euro is trading mostly rangebound against its major counterparts today, thanks in large part to a GDP reading that didn’t surprise anyone. It’s not quite enough to make solid gains against the dollar and the yen, but bad news in the United Kingdom has the euro higher than the pound.

US Dollar Drops on Fading Rate Hike Expectations

Once again, the US dollar’s performance is being tied to rate hike speculation. With concerns about what the ISM non-manufacturing composite will show, the greenback is heading lower as rate hike expectations fade. The dollar index is dropping as traders and analysts re-think speculation about when to expect the Federal Reserve to take action again.

US Dollar Ends Week Mixed as NFP Muddles Fed Outlook

The US dollar ended the trading week mixed as the outlook for Federal Reserve’s monetary policy was clouded by surprisingly weak employment growth.

Dollar Bounces After Dropping on NFP

The US dollar recovered from earlier losses that followed disappointing non-farm payrolls. The bounce was a result of persisting speculations about the possibility of an interest rate hike this year.

Euro Mostly Stuck in Forex Trading

Euro is mostly stuck today, trading rangebound. Euro is mainly lower against its counterparts in Forex trading, although there are some small gains against some of the euro’s trading partners. For the most part, euro’s performance is in wait and see mode as traders await the next round of US data and the ECB interest rate decision next week.

Coming Rate Hike Sends US Dollar Higher

US dollar is gaining against all comers today, thanks to expectations that a rate hike is coming by the end of 2016. Between the latest clues in economic data and Janet Yellen’s speech in Jackson Hole last week, many expect to see at least one more rate increase from the Fed before the year closes out.

Aussie Moves Lower During Monday’s Trading

The Australian dollar was moving lower against its US peer during the current trading session, though currently the Aussie has trimmed some of its losses. The Australian currency also pared its losses versus the euro.