ForexBlogger @ May 16, 2013 # Comments Off
EUR/USD rallied today, erasing its earlier decline, even as eurozone annual inflation was down from 1.7% in March to 1.2% in April. (Event A on the chart.) Absence of inflation pressure should allow the Euro…
ForexBlogger @ May 9, 2013 # Comments Off
EUR/USD declined today, following yesterday’s rally, as European Central Bank policy makers told that the central bank has ability to ease the monetary policy further. At the same time, many economists believe that t…
ForexBlogger @ May 2, 2013 # Comments Off
Today’s trading session was completely unlike yesterday’s one as all data from the United States was better than expected. The most important event happened in Europe though as the European Central Bank announc…
ForexBlogger @ April 26, 2013 # Comments Off
EUR/USD was attempting to gain today as worse-than-expected growth of US gross domestic product weakened the dollar. Currently, the rally is small as other US reports were good, while data from Europe remains negative.
US …
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 11, 2013 # Comments Off
EUR/USD resumed its rally today after a small drop yesterday. Italian and Spanish borrowing costs declined, signaling that traders are less worried about the financial crisis in the eurozone. Falling jobless claims in the&…
ForexBlogger @ April 5, 2013 # Comments Off
EUR/USD climbed today, rising for the third straight session, as growth of US nonfarm payrolls was far below forecasts. The unemployment rate edged down though and other reports were better than expected, but the slow…
ForexBlogger @ March 28, 2013 # Comments Off
EUR/USD rose a little today as tensions about Cyprus eased. It is still early to think that problems are over, but for now traders are feeling themselves less adverse to risk. The US data was not particularly helpful to…
ForexBlogger @ March 14, 2013 # Comments Off
EUR/USD continued to be weak and extended its decline for the third straight session today. Eurozone employment dropped 0.3% in the fourth quarter of the last year, giving yet another evidence that the Europ…
ForexBlogger @ March 7, 2013 # Comments Off
EUR/USD jumped today after the European Central Bank left interest rates unchanged and said that “economic activity should start stabilising in the first part of the year”. (Event A on the chart….