EUR/USD — News Archive

Euro Couldn’t Sustain Gains on Budget Concerns Return

Thursday, March 18th, 2010

EuroThe euro lost versus against most of the main traded currencies this Wednesday as Greek budget deficit was once again hitting the headlines of European news, decreasing appetite for the bloc’s single currency, as currencies tied to growth topped the performance rank in forex markets today.

Dollar Suffers from Fed Rates Policy

Wednesday, March 17th, 2010

US DollarThe dollar has started this week losing versus important currencies after the Federal Reserve made dovish statements regarding the country’s interest rates outlook, shunning investors to purchase assets in North America, making riskier assets to climb considerably.

Dollar Down Before Weekend on Riskier Bets

Saturday, March 13th, 2010

US DollarCurrencies tied to growth outperformed the U.S. dollar as risk appetite was predominant before foreign-exchange markets closed this Friday, considering that retail sales in North America expanded in the monthly comparison, raising optimism to higher levels among investors.

Papandreou Comments Force Euro Down

Monday, March 8th, 2010

EuroThe euro had just started the week gaining versus the dollar and the yen as the negative sentiment regarding the Greek crisis slowly fades, but after comments coming from Greece that the fiscal crisis in the country may spread to other countries, the EU’s single currency went down again.

Euro Ends Rally on ECB Extended Stimulus

Thursday, March 4th, 2010

EuroThe European single currency posted its first day of decline versus the greenback this week after the regional financial regulator affirmed that some of its stimulus to help the economy to recover will last for as long as they are necessary, declining optimism towards the Eurozone.

Is The Greek Crisis Coming to an End?

Wednesday, March 3rd, 2010

EuroThe euro profited today after Greece announced several measures to tighten its massive budget deficit, allowing the confidence towards the Eurozone and making the euro to rank among the best performers in currency markets today.

Dollar Down after European News

Wednesday, March 3rd, 2010

US DollarThe dollar started this Tuesday losing versus European and higher-yielding currencies as positive events in the old continent pushed further up risk aversion in trading markets globally, making the pound and the euro to rank among the best performers versus the greenback today.

Euro Up on Greek Hopes

Wednesday, March 3rd, 2010

EuroThe euro emerged versus several important currencies as Greece will propose a strategy to solve its budget deficit crisis, declining pessimism among investors to purchase assets in the Eurozone.

Euro Rebounds on Greek Crisis Comments, U.S. Home Sales

Friday, February 26th, 2010

EuroThe euro had the sharpest gains today this week as speculations that Greece will be bailed out by public lenders associated with worse than expected real state data in the U.S. were supportive for a corrective movement on the euro’s charts.

Dollar Drops on Asian Improved Data

Friday, February 26th, 2010

US DollarThe U.S. dollar started this Friday’s trading session losing versus most of the 16 main traded currencies as reports in Asia didn’t confirm mediocre forecasts and brought optimism towards the global economic recovery.


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