Tag: EUR/USD

EUR/USD Turns Negative as Grexit Fears Escalate

The EUR/USD edged lower on Thursday after European Central Bank President Mario Draghi said it would be difficult for Europe to prevent a Grexit...

US Dollar Eases Off Highs ahead of FOMC Minutes

The US dollar declined against world currencies on Wednesday, as investors shifted their attention to the minutes of the June Federal Open Market Committee...

EUR/USD Recovers 1.10 as Greek “No” Vote Weighs

  The EUR/USD rebounded from fresh lows on Monday after the Greek people rejected international creditors’ bailout reforms in Sunday’s referendum, leading to speculation that...

Euro Moderately Higher ahead of Greece Referendum

The euro traded slightly higher against its US and British counterparts on Friday, as investors responded positively to upbeat Eurozone data ahead of Sunday’s...

US Dollar Loses Traction following Mixed NFP Report

The US dollar eased off monthly highs on Thursday following a mixed nonfarm payrolls report and a bigger than expected drop in factory orders. The...

US Dollar Rallies on Strong Data

The US dollar advanced against a basket of world currencies on Wednesday, as stronger than forecast economic data supported expectations for a solid economic...

EUR/USD Rebounds 200 Pips as Greece Debt Crisis Intensifies

The EUR/USD rebounded sharply from intraday lows on Monday, as disappointing economic data and a deepening debt crisis in Greece kept the currency markets...

EUR/USD Holds 1.12 as Greece Defaults on Loan

The EUR/USD edged lower on Tuesday but maintained the 1.12 level, as last minute negotiations between Greece and international creditors began after Greek finance...

US Dollar Little Changed as Greece Debt Optimism Fades

The US dollar was little changed on Thursday despite upbeat economic data, as negotiations between Greece and its Eurozone partners stalled just five days...

Dollar Rally Cut Short as Grexit Fears Intensify

The US dollar was back on the defensive on Wednesday, as Greece lashed out against creditors for rejecting its latest reforms, signalling that a...

EUR/USD Declines Sharply as Greek Bailout Talks Intensify

The EUR/USD declined for a second consecutive day on Tuesday, as European stocks continued to surge amid growing optimism that Greece will come to...

Markets Await Greek Breakthrough at EU Ministerial Meetings

European stocks soared on Monday, while the euro was relatively unchanged, as investors turned their attention to the European Union ministerial meetings concerning Greece’s...

Post-FOMC Selloff Continues for US Dollar

  The US dollar declined for a second consecutive day on Thursday as mixed economic data failed to support a bigger rally following the Federal...

EUR/USD Steady as Greece Crisis Intensifies

The EUR/USD little changed on Monday, while European stocks plunged amid fears that Greece was approaching a financial disaster after the government of Alexis...

Dollar Rallies on Retail Sales

The US dollar rallied for the first time this week, climbing against a basket of currencies following an upbeat retail sales report showing improving...

EUR/USD Slips as Greek Bailout Talks Continue to Stall

The EUR/USD was under pressure on Friday, falling to the mid-1.11 region after the International Monetary Fund walked out of debt negotiations with Greece,...

EUR/USD Rallies 100 Pips

The EUR/USD rebounded sharply at the start of the week, gaining more than 100 pips following upbeat German data and bearish comments by US...

ECB Holds Interest Rates but Hints at Expanded QE Program

European stocks soared on last Thursday, while the euro plunged 1% against the dollar after the European Central Bank hinted at more stimulus in...