EUR/USD — News Archive

Dollar Falls on PMI and Fed Meeting Minutes

Wednesday, September 1st, 2010

US DollarThe US dollar fell today against the euro and the Japanese yen as the Chicago Business Barometer fell more than estimated and on the signs that the Federal Reserve won’t raise the interest rates. The Fed also failed to provide the clear plan to add more stimulus to support the US economy.

Dollar Demonstrates Mixed Week on Uncertainties

Saturday, August 28th, 2010

US DollarThe US dollar posted a mixed week against the other currencies on Forex, as the investors didn’t seem to be certain of which direction to choose on worsening of the economic situation and intervention threats from Japan.

Euro Goes Up as GDP Surpasses Forecasts in US

Friday, August 27th, 2010

EuroThe euro increased against all of its major rivals today, as the US GDP report signaled that the market participants dug themselves to deep into the pessimism of the risk-aversion and that it’s still a good idea to buy currencies near their medium-term bottoms.

Euro Follows Continental Stocks, Goes Up

Thursday, August 26th, 2010

EuroThe euro continued its recovery trend against the dollar and the yen today as some more-or-less positive news spurred the growth of the stock market up from its bottom.

Euro Weakens as Weber Suggests EU Economy Needs Help

Friday, August 20th, 2010

EuroThe euro slumped today after Axel Weber, the President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank, suggested that the European Central Bank would be required to aid European Union’s struggling economy by the end of this year.

Dollar Weakens as Reports Signal About Slowdown of US Recovery

Thursday, August 19th, 2010

US DollarThe US dollar weakened today against most other major currencies after the unemployment claims unexpectedly surged and other reports signaled that the economic recovery in the US is slowing.

Good Week for US Dollar Despite Troubles with US Economy

Saturday, August 14th, 2010

US DollarThe US dollar performed rather well against other major currencies this week, despite the concern for the US economy. In fact, actually the concern for the economic growth was one of the reasons the other currencies fell versus the greenback.

Euro Rises vs. Dollar on German GDP, But Can It Sustain Its Gains?

Friday, August 13th, 2010

EuroThe euro halted today it four-day losing streak against the US dollar after Germany’s economy grew with faster pace than anticipated, suggesting the Eurozone economy is more stable that was thought.

Global Economic Outlook Remains Grim, Pushing Dollar Higher

Wednesday, August 11th, 2010

US DollarThe US dollar surged today versus the Great Britain pound and the euro as the signs of the global economy’s slowdown spurred the investors to look for the safer currencies. The yen outperformed the greenback as the concerns for the US economy made the Japanese currency more appealing as the safe currency.

Dollar Weakens After FOMC Meeting

Tuesday, August 10th, 2010

US DollarThe US dollar fell versus the Japanese yen and also declined against the Great Britain pound and the euro, remaining above the opening level though, after the Federal Reserve decided to keep the interest rates at the record low level.


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