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Euro Falls on Weak German Data, Extends Losses on Upbeat US NFP

The euro today broke out of its 3-day consolidative range and fell drastically against the US dollar following the release of weak German factory data. The EUR/USD currency pair later extended its losses following the release of the upbeat US non-farm payrolls data in the early American session.

Euro Rallies to New Highs After ECB Rate Decision and TLTRO Terms

The euro today rallied to new multi-week highs when the European Central Bank announced the terms of its TLTRO III facility, which were better than expected. The EUR/USD currency pair had traded lower following the ECB rate decision but spiked higher after Mario Draghi‘s speech.

Euro Falls From 3-Week Highs, Later Recovers to Trade Flat

The euro today rallied to new 3-wek highs earlier in the session driven by improved risk sentiment and broad US dollar weakness before retreating later in the session. The EUR/USD currency pair fell from its highs as the European session progressed driven by the greenback’s resurgence and the disappointing eurozone employment and inflation data.

Euro Drops on Market Sentiment and Weak German Factory Data

The euro today fell against the US dollar as market risk sentiment remained subdued due to the uncertainty associated with the Sino-US trade negotiations. The EUR/USD currency pair also fell due to weak German factory data, which painted a gloomy picture of the eurozone’s largest economy, and the euro area at large.

US Dollar Surges on Strong April Jobs Report

The US dollar is surging to finish the trading week, buoyed by an incredible April jobs report and other data that suggests the economic slowdown worries may be unfounded after all, even with some weak pockets. The greenback is making solid gains against multiple currencies on Friday.

Euro Falls to New 3-Day Lows Against a Resurgent Dollar

The euro today fell to new 3-day lows against the resurgent US dollar as investors bought the world’s reserve currency with positive expectations. The EUR/USD currency pair extended yesterday’s fall, which was triggered by the FOMC‘s positive outlook for the US economy.

Euro Drops with German Factory Orders, Attempts to Recover

The euro declined today after German factory orders demonstrated the biggest decline in more than two years. Later, the currency attempted to rebound and is now trading near the opening level against most of its peers.

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.

British Pound Rallies on Jobs Data, Falls on Brexit Uncertainty

The Sterling pound today rallied higher against the US dollar following the release of a mostly positive UK labor market report in the early London session. The GBP/USD currency pair later retraced most of its gains as investors became worried about the Brexit process amid the UK political crisis.

Euro Falls vs. Majors with Decline of German Factory Orders

The euro declined versus its major rivals today after a report showed that German factory orders fell in December unexpectedly. The euro performed much better versus commodity currencies.

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