EUR/USD — News Archive

Dollar Halts Rally Despite Supportive Fundamentals

The US dollar has received support from domestic macroeconomic reports that led to a rally yesterday. Today, the currency halted its advance even though fundamentals continued to be supportive for the greenback.

Euro Jumps Against Other Majors Despite Concerns About EU Integrity

The euro jumped against the basket of major currencies today, surging more than 1 percent versus the US dollar and the Great Britain pound. The currency has rallied even though there are significant concerns about the integrity of the European Union.

US Dollar Lower on Profit Taking; Dollar Index Still Higher

US dollar is falling in some of its currency pairs today as profit taking after the surge at the end of the week sets in. Dollar index is still managing to remain higher, however.

Euro Ends Week Being Strongest Among Major Rivals

The euro has been the strongest major currency during the past trading week. The currency weakened a bit by the weekend but kept gains against its most traded rivals nonetheless.

Stellar Non-Farm Payrolls Lead to Rally of US Dollar

The US dollar rallied against the basket of major currencies today after the stellar non-farm payrolls that have exceeded even optimistic forecasts. The currency gained more than 1 percent and climbed to the highest level in almost 13 years against the Japanese yen.

Euro Mixed as Greece Defers IMF Payment

Announcements made earlier today indicate that Greece is deferring its IMF payment, due today, until the end of June. The news comes with the backing of Brussels, and the Greek Prime Minister vows not to leave the euro zone.

Dollar Firms Ahead of Non-Farm Payrolls

The US dollar firmed a bit today as positive unemployment data returned optimism to dollar bulls ahead of tomorrow non-farm payrolls. Earlier, the currency had been subdued due to concerns about the US economy and hopes for positive resolution of the Greek crisis.

Euro Continues to Log Gains

Euro continues to log gains today, heading higher as the bond market remains volatile and as the Greek prime minister insists that his country’s loan payment will be made on Friday as agreed.

US Dollar Regains Some Lost Ground

US dollar is regaining some of the ground it lost yesterday, but is still somewhat weak. Greenback is higher against its major counterparts, but still hasn’t reached the performance level seen before yesterday’s mauling.

Euro Little Changed After Big Jump

The euro was little changed during the Asian trading session today following the huge surge yesterday. The currency has rallied on hopes for a resolution of the Greek crisis and also as inflation returned to the eurozone.



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