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Euro Falls on Weak German Retail Sales, Later Crashes to 2-Year Lows

The euro today fell against the US dollar as the weak releases from across the euro area from previous days weighed on the single currency from the start of today’s session. The EUR/USD currency pair extended its losses following the release of weak German retail sales data amid positive US releases.

US Dollar Rallies As Market Dismisses IMF’s ‘Overvalued’ Concerns

The US dollar is finishing the trading week higher against a handful of currencies as the market appears to be moving on from recent comments pertaining to the greenback’s valuation. With a Federal Reserve bank president discussing the need for action ahead of a crisis and some data to throw in the mix, it has been a fun ride for the dollar this week.

Euro Rallies on Upbeat German and Eurozone Data, Later Falls

The euro today rallied higher against the US dollar following the release of upbeat German and eurozone macro data in the early European session. The EUR/USD currency pair later fell from its highs as investor sentiment shifted, but rallied briefly on the weak US macro releases before falling again.

Euro Falls Against US Dollar After US Retail Sales Top Expectations

The euro today fell to new weekly lows against the US dollar following the release of upbeat US retail sales data in the American session. The EUR/USD currency pair traded with a bearish bias for most of today’s session amid a risk-averse market mood given the US-China trade war.

Euro Trades Near 3-Week Highs Driven by Risk Sentiment, Later Drops

The euro today rallied almost to 3-week highs against the US dollar in move that is likely to see it post its first weekly gain following three consecutive weekly drops. The EUR/USD currency pair today rallied higher driven by a shift in investor risk appetite, which saw markets bid up riskier assets such as stocks, while fleeing safe haven assets.

Euro Drops on Mixed Euro Area Data, Rallies on Weak US Data

The euro today headed lower in the early European session following the release of mixed data from across the euro area before rallying higher later. The EUR/USD currency pair recovered in the early American session following the release of disappointing American industrial data.

Euro Drops on Mixed Eurozone Data, Rallies on Weak US Data

The euro today dropped lower against the US dollar in the late Asian session before rallying higher on upbeat German retail sales data for January. The EUR/USD later declined despite the release of mixed German unemployment data, then rallied higher into the American session.

US Dollar Gains on Mixed Data, China Trade News

The US dollar gained momentum on Friday, extending its gains over the past week. The greenback edged higher on mixed economic reports were released and breaking news that China is offering a $1 trillion-a-year olive branch on imports that could end the trade war almost immediately.

Euro Declines on Flat German Inflation Amid US Dollar Rebound

The euro today dropped from 2-week highs against the US dollar as the greenback rallied higher from the early European session to recoup most of yesterday’s losses. The EUR/USD currency pair rallied slightly after the release of positive German inflation data, but could not sustain its rally due to the resurgent greenback.

Euro Rallies Against US Dollar as US Q2 GDP Estimate Misses Expectations

The EUR/USD currency pair opened today’s session with a bearish outlook given the dovish outlook painted by ECB President Mario Draghi yesterday, which led to a bearish ‘outside day.’ The currency pair was on a downtrend up to the early American session when the flash US Q2 GDP report was released, which boosted the pair.

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