Tag: EUR/USD

Markets Tumble as on Weak China PMI

Global stock markets declined on Tuesday, while oil prices snapped a three-day rally after data showed manufacturing activity in China contracted at the fastest...

EUR/USD Regains 1.12 on Eurozone CPI

The EUR/USD rebounded on Monday, but was down from session highs after preliminary data showed a stronger than expected rise in Eurozone inflation. The EUR/USD...

Dollar Surges on Revised GDP, Oil Prices Rebound

The US dollar advanced for a third consecutive day on Thursday, as oil prices rebounded more than 4% amid a bigger than expected rise...

Dollar Resumes Uptrend as Stock Markets Remain Volatile

The US dollar rose again on Wednesday, as investors reacted to stronger than expected durable goods orders amid renewed volatility in Asian and European...
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EUR/USD: Dollar Regains Footing after “Black Monday” Crash

The EUR/USD backtracked on Tuesday, as the dollar rebounded across the board following the “Black Monday” rout that sent global markets in a spin. The...

Euro Holds Ground as Eurozone Economy Slows

The euro was little changed against its British and US counterparts on Friday as the Eurozone’s modest recovery slowed unexpectedly in the second quarter,...

Dollar Rebounds as Retail Sales Accelerate

The US dollar rebounded against a basket of world currencies on Thursday, as retail sales rose faster than forecast in July, suggesting consumer spending...

US Dollar Continues Lower despite Yuan Devaluation

The US dollar traded higher against a basket of currencies Tuesday, as China unexpectedly devalued its currency amid the country's sharpest economic downturn since...

US Dollar Aims Higher as Nonfarm Payrolls Eclipse 200,000

The US dollar gained momentum on Friday, as another solid month of job creation gave the Federal Reserve the necessary scope it needs to...

EUR/USD Edges Lower following Data Deluge

The EUR/USD fell further below 1.1000 on Monday, but the dollar’s gains were limited following mixed economic data. The EUR/USD consolidated at 1.0953 in the New...

EUR/USD Surges as Eurozone Core Inflation Picks Up

The EUR/USD surged more than 150 pips on Friday, as Eurozone core inflation rose faster than forecast and unemployment held steady. The EUR/USD climbed to...

Dollar Index Pushes Forward as Q2 GDP Accelerates

The US dollar firmed against a basket of world currencies on Thursday, as consumer spending powered US economic growth in the second quarter despite...

Dollar Index Steady ahead of FOMC

The US dollar was little changed against a basket of world currencies Wednesday, as investors looked ahead to a policy announcement from the Federal Reserve later...

EUR/USD Advances on Upbeat German Ifo

The EUR/USD surged more than 100 pips on Monday, briefly surpassing 1.11 after the Ifo Institute said German business confidence rose unexpectedly in July. The...

US Dollar Well Supported as Commodities Plunge

The US dollar was well supported against a basket of currencies Tuesday following a rout in the commodities market that sent crude oil prices...
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EUR/USD Holds Ground as Greece Begins Debt Repayment

The EUR/USD gained modestly in Monday’s European session, as Greece began repaying its debt to the International Monetary Fund and European Central Bank, while...

EUR/USD Backtracks as ECB Leaves Rates Unchanged

The EUR/USD was on its heels Thursday, as the markets awaited key remarks from Mario Draghi after the European Central Bank held interest rates...

EUR/USD Declines as Grexit Averted

The EUR/USD declined on Monday, as risk sentiment return to the financial markets after Greece and its Eurozone partners reached an 11th hour deal...

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