Tag: EUR/USD
US Dollar Index Treks Higher Following NFP Report
The US dollar advanced briskly on Friday, as non-farm payrolls rose more than forecast in May, easing concerns about a broader economic slowdown in...
EUR/USD Resumes Uptrend as Bailout Hopes Rise
The EUR/USD continued to soar on Wednesday, as the European Central Bank held interest rates at 0.05% amid growing optimism that a new Greece...
Euro Soars on News of Possible Greece Deal
Negotiations between Greece and its international creditors advanced on Tuesday, raising hopes that a new deal agreement would be reached before Thursday’s payment deadline...
GDP Revision Weighs on US Dollar
The US dollar was mildly weaker on Friday following a government revision of first quarter GDP showing the US economy contracted at the start...
EUR/USD Backtracks as Greek Talks Stall
The EUR/USD tumbled to fresh monthly lows on Wednesday, as talks between Greece and European creditors stalled, raising concerns that Athens was on the...
US Dollar Index Surges as Business Investment Plans Appreciate
The US dollar surged on Tuesday, picking up where it left off last week as investors responded to mixed economic data.
The trade-weighted US dollar...
EUR/USD Tumbles on Broad Dollar Rally
The EUR/USD tumbled to fresh monthly lows on Friday, as the dollar rallied across the board despite mixed inflation figures out of Washington.
The EUR/USD...
EUR/USD Rises to Higher Ground
The EUR/USD climbed to higher ground on Thursday, advancing for a fourth consecutive day amid broad US dollar weakness.
The EUR/USD climbed to a session...
EUR/USD Gains Traction
The EUR/USD soared on Wednesday, climbing to its highest level of the week following disappointing US retail sales figures and growing signs of a...
USD Weekly Outlook (May 4-8)
The US dollar continued to backslide last week, falling nearly 2% against a basket of currencies as weak economic data kept demand for the...
GBP/USD Pares Gains following Mixed UK Data
The GBP/USD declined on Friday, but was still trading near two-month highs following disappointing manufacturing data.
The GBP/USD fell sharply from the 1.5400 region, which...
EUR/USD Pares Gains amid US Data
The EUR/USD surged past the 1.12 handle on Thursday before quickly consolidating in the mid-1.11 region, as the markets digested a series of Eurozone...
EUR/USD Hits 2-Month Highs
The EUR/USD surged 150 pips on Wednesday, climbing to its highest level in two months after the US government said the economy barely expanded...
US Dollar Continues to Weaken ahead of Fed
The US dollar continued to backtrack on Tuesday, as the euro and British pound rose to new highs as the United States Federal Reserve...
US Dollar Index Rebounds as Greek Debt Crisis Worsens
The US dollar rallied on Monday, although gains were limited ahead of a deluge of economic data, as the markets absorbed the growing possibility...
EUR/USD Supported by Rising German Business Confidence
Rising German business confidence supported the EUR/USD on Friday, outweighing heated negotiations between Greece and the Eurozone at this week’s Eurogroup meetings.
The EUR/USD briefly...
US Dollar Index Resumes Descent
The US dollar was back on its heels on Thursday, declining against a basket of trade-weighted peers following disappointing housing data.
The US dollar index,...
EUR/USD Weekly Outlook (April 20-24)
The EUR/USD is expected to face significant action this week, which is headlined by a crucial Eurogroup meeting over Greece on Friday.
The EUR/USD rallied...