Currencies Archive

Currencies The euro (EUR) continues moving higher against the US dollar (USD) after Friday’s Non-Farm Payroll release. The single currency has moved from a low of 1.3485 to 1.3659 over the past 5 days. The US dollar (USD) remains range bound against the Japanese yen… Read more

Currencies The euro (EUR) remained just below resistance at 1.3626 against the dollar after Friday’s Non-Farm Payroll release. The pair has risen sharply at the end of last week from 1.3505 to 1.3638 as the US showed poorer than expected jobs growth. The US dollar… Read more

Currencies The euro (EUR) skyrocketed more than 130 pips reaching its weekly high at 1.3618 against the US dollar (USD). The president of the ECB, Mario Draghi, helped the single currency to advance by refraining to impose any further stimulus measures. He also gave a… Read more

Currencies The euro (EUR) advanced more than 60 pips reaching at 1.3554 before retracing back to 1.3518 against the US dollar (USD). The single currency remains bearish ahead of the ECB press conference today and after data show slower inflation across the Eurozone. The British… Read more

Currencies The euro (EUR) range bound between the levels 1.3492 and 1.3538 against the US dollar (USD). The single currency consolidates after dropping by almost 300 pips just before the end of the month and ahead of the ECB press conference scheduled for tomorrow. The… Read more

Currencies The euro (EUR) swings between losses and gains but looks that is moving higher against the greenback. The single currency gained after better Manufacturing PMI data revealed from Eurozone and is now trading around 1.3530 against the US dollar. The US dollar (USD) continues… Read more

Currencies The euro (EUR) slid down to its two month low at 1.3478 against the US dollar (USD). On Friday, worse than expected inflation data came out from Eurozone, indicating that theEuropean Central Bank (ECB) might ease monetary policy. Gold (XAU) lost more than 30… Read more

Currencies A stronger dollar pushed the euro (EUR) lower as the pair moved below 1.3543 in early trading. The single currency may come under stress today as Eurozone price data are released this morning. The US dollar (USD) managed to touch 102.92 against the Japanese… Read more

Currencies The euro (EUR) slid to 1.3604 against the dollar as the Federal Open Market Committee (FOMC) announced it will continue as planned to taper 10 billion per month from the 85 billion monthly quantitative easing (QE) programme. This is the second month bringing total… Read more

Currencies The euro (EUR) continues to slide lower as volatility remains low. The single currency, now trading at 1.3660 against the dollar had found earlier support at 1.3629. Traders are looking ahead for the Eurozone money supply data release at this morning. The US dollar… Read more