ForexBlogger @ May 22, 2013 # No Comment Yet
EUR/USD was swinging back and forth today as Federal Reserve Chairman Ben Bernanke sent mixed signals about the future monetary policy. At first, he warned about the danger of a premature ending to quantitative e…
ForexBlogger @ May 15, 2013 # Comments Off
EUR/USD declined today, extending yesterday’s drop, after the release of data about economic growth in the eurozone countries. France and Italy remained in recession, while the German economy barely managed to&#…
ForexBlogger @ May 8, 2013 # Comments Off
EUR/USD climbed today after the report showed that German industrial production unexpectedly expanded 1.2 percent in March. (Event A on the chart.) This week is poor on economic data from the United States, but a …
ForexBlogger @ May 1, 2013 # Comments Off
Today’s session was a busy one as there were quite a few economic reports from the United States as well as the monetary decision of the Federal Reserve. As was expected, the Fed maintained q…
ForexBlogger @ April 24, 2013 # Comments Off
EUR/USD rallied today, but retreated later as fundamentals both in the United States and Europe were bad. The German business confidence worsened in April, adding to this week’s negative data. (Event A on&#…
ForexBlogger @ April 18, 2013 # Comments Off
EUR/USD bounced today after yesterday’s drop that was caused by the downwardly revised global economic growth projections from the International Monetary Fund. Today, the market sentiment is mildly positive, but the optim…
ForexBlogger @ April 10, 2013 # Comments Off
EUR/USD ended its rally today after five days of gains. The currency pair attempted to rally on this trading session too, but failed. The minutes of the last Fed’s meeting was released ahead of schedule, bu…
ForexBlogger @ April 3, 2013 # Comments Off
EUR/USD rose today, erasing yesterday’s losses. The data from the United States was disappointing as reports missed forecasts, except for factory orders that were in line with expectations.
ADP employment grew by 158…
ForexBlogger @ March 27, 2013 # Comments Off
EUR/USD recovered yesterday after the initial loss, but returned to a free fall today. Italy is unable to form a coalition government, adding to worries caused by the situation in Cyprus. This day was not pa…
ForexBlogger @ March 13, 2013 # Comments Off
EUR/USD dropped after the Italian debt auction. Italy achieved its target, but the auction was viewed as a negative event by market participants because yields were rising. Most reports from the United States were goo…