The euro demonstrated massive losses on Tuesday with not-so-good economic data, the continuing problems in Greece and the economic stimulus from the European Central Bank. The shared 19-nation currency was set to have its worst quarter in the history.
March 30th, 2015 at 23:04
With debt issues of Greece and quantitative easing from the European Central Bank, the euro had plenty of reasons to drop and it did so against the US dollar. Surprisingly enough, the currency moved sideways against the Great Britain pound and even gained on the Japanese yen.
March 28th, 2015 at 15:08
The US dollar was in the corrective mode lately following the earlier impressive rally. Still, the currency was trying to fight back over the past trading week with some success as its losses against the euro and the Japanese yen were not as big as during the preceding week. In fact by the weekend, the greenback managed to log small gains against many currencies, including the Great Britain pound.
March 27th, 2015 at 22:59
The euro ended Friday virtually flat against the US dollar and the Japanese yen while against the Great Britain pound the currency closed below the opening level but trimmed most of the daily loss.
March 27th, 2015 at 19:35
The US dollar fell today following disappointing macroeconomic reports from the United States. The losses were very limited but the greenback was still set to be one of the weakest currencies on the Forex market over the past week.
March 26th, 2015 at 19:28
The euro sank today, losing most of its weekly gains versus the US dollar and erasing the weekly rally against the Japanese yen completely. The currency fell even though macroeconomic news from Germany was positive.
March 26th, 2015 at 18:52
The US dollar is attempting to stage a recovery during the Thursday’s trading session. For a change, news from the United States was positive, allowing the currency to regain some of its strength.
March 25th, 2015 at 11:03
US dollar is lower right now, following a rally earlier. Greenback had seen some success after the US inflation report, but now is pulling back.
March 24th, 2015 at 20:07
Initially, it looked like the euro is going to extend its gains through the Tuesday’s trading session with the help of macroeconomic data from Europe. Yet the currency retreated after the release of US reports that were good as well.
March 24th, 2015 at 10:32
One of the things supporting the US dollar in recent months has been the expectation that a rate hike from the Federal Reserve is just around the corner. With the rate hike likely being pushed back, and with commodities gaining ground, the US dollar is dropping.