EUR/USD — News Archive

US Dollar Ends Week with Huge Gains After Non-Farm Payrolls

The US dollar soared during this week, climbing more than 2 percent against its major counterparts, thanks to the impressive non-farm payrolls. The positive employment data fueled expectations of a December interest rate hike from the Federal Reserve.

Dollar Soars After NFP, Market Readies for December Hike

The US dollar surged 1.5 percent versus the euro and soared against other major currencies as well today after the release of very strong non-farm payrolls. Now, the market is pricing in a December rate hike that looks very probable.

Euro Clings to Recent Gains on European Commission Forecasts

Euro is clinging to some earlier gains — but only just. With the ECB due to make a policy announcement and the European Commission making forecasts that expect to see slower growth, many expect the 19-nation currency to slip more against the US dollar.

Dollar Soars After Yellen Talks About Possibility of December Rate Hike

The US dollar jumped on Wednesday and retained it gains today after Federal Reserve Chairwoman Janet Yellen confirmed the possibility of an interest rate hike in December. US economic data was also supportive for the greenback.

Optimism for US Economic News Boosts Dollar

US dollar is getting a little bit of help today, thanks to some optimism about what might be next for the economy.

Manufacturing Data, Draghi Comments Lift Euro

Euro is heading higher today, enjoying a rally as the latest news out of the eurozone supports the 19-nation currency. Manufacturing data and the latest comments from ECB President Mario Draghi are providing support.

US Dollar Ends Friday Lower

The US dollar ended trading lower across the board as economic data released from the United States on Friday did not provide incentive for the Federal Reserve to start monetary tightening soon.

Dollar Retreats as Data Doesn’t Support Fed Hike Outlook

The US dollar dropped against other major currencies today following yesterday’s economic data. Today’s US economic data, including the GDP report, played its part in the currency’s decline.

Eurozone Confidence Fuels Euro Rally

Better news out of the eurozone is fueling a rally for the euro today. A surprise increase in confidence is helping the 19-nation currency gain against its counterparts as Forex traders speculate on whether or not the ECB will really need to add stimulus.

US Dollar Soars as December Hike Remains Possible

The US dollar surged against other most-traded currencies on Wednesday after the Federal Reserve mentioned that a December rate hike remains in the cards. Unsurprisingly, the announcement made a tremendous impact on the market.



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