ForexBlogger @ May 22, 2013 # Comments Off
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 @ April 23, 2013 # Comments Off
EUR/USD declined today as the eurozone manufacturing and service indices showed a contraction of the sectors. (Event A on the chart.) Data from the United States was not encouraging either. The cur…
ForexBlogger @ February 21, 2013 # Comments Off
EUR/USD extended its decline for the second day today as most of the US macroeconomic data was worse than expected. The exception was the existing homes sales, which were a bit higher than forecasts, and the…
ForexBlogger @ January 22, 2013 # Comments Off
EUR/USD was volatile today as it dropped sharply, quickly bounced after that, yet fell below the opening level later. Fundamental news was positive for the euro as German economic sentiment improved much more than was expected …
ForexBlogger @ December 20, 2012 # Comments Off
EUR/USD was volatile today, but is trading near the opening level now, as the US House of Representatives is going to vote for Speaker John Boehner’s “plan B” that includes extending tax breaks, while inc…
ForexBlogger @ November 20, 2012 # Comments Off
EUR/USD was soft today, but managed to erase losses as European finance ministers prepare to meet for a discussion of the Greek bailout, improving confidence among investors. The news from the United States …
ForexBlogger @ October 23, 2012 # Comments Off
EUR/USD sank today, following yesterday’s gains, and resumed its downfall that had started on October 18. Moody’s Investors Service downgraded credit ratings of five Spanish regions, even though the rating agency maintai…
ForexBlogger @ August 22, 2012 # Comments Off
EUR/USD rose for the third session in a row today after the FOMC signaled that the third round of quantitative easing is possible and rather soon. Traders were wondering if the Federal Reserve still consider…
ForexBlogger @ June 21, 2012 # Comments Off
EUR/USD tumbled at today’s trading session as most of economic data from Europe was bad. Fundamentals in the United States were not much better, though, and the dollar still may retreat. Unemployment continued t…
CalculatedRisk @ November 26, 2011 # Comments Off
It was a short holiday week, but the key story remained the same: the European situation continues to deteriorate as European policymakers fiddle. Europe continues to overshadow the U.S. economic situation and the European financial crisis continues t…