US dollar gains as Fed’s monetary path diverges from the ones of ECB and BOJ
The US dollar traded higher against other major currencies on Wednesday, with investors eager to see the anticipated end of the Fed’s bond-purchasing program. The US dollar traded higher against other major currencies More...
The EUR/USD trades near 2-year lows after the GFK report stirs market anxiety
The euro remained under pressure on Friday, as the GFK consumer climate report came out below its previous value and below analysts’ expectations, making markets anxious about the perspectives in front of the More...
The EUR/CHF trades close to its 3-week high on SNB negative rates warning
The Swiss National Bank warned investors that it had no restraints using negative interest rates in order to enforce the 1.20 EUR/CHF cap; the euro rallied against the Swiss franc as a result yesterday, and until More...
Euro bearishness set to continue after some short-term consolidation
The euro has continued to depreciate against the dollar, and the market has anticipated the divergence; given the imminent Scottish referendum, the sterling is expected to lag behind the euro. The euro has continued More...
ECB’s latest interest rate cut means free lunch for Ireland
After being bailed out by EU partners four years ago, Ireland can now borrow for free, after ECB’s latest interest rate decrease. Ireland was bailed out by EU partners four years ago, and now it can borrow money More...
The dollar index declines but still hovers around 14-month peak
US dollar index made a brief decline but still hovered around its 14-month peak; the reason for the USD slight correction was the poor August nonfarm payroll report. The US Labor Department report today indicated More...
The EUR/USD slid to a one-year low early on Monday
The euro continued its poor performance, touching a one-year low against the US dollar; disappointing euro zone economic figures, combined with the raging Ukraine crisis, promise to keep the euro suppressed. The More...
EUR/USD – Weekly Technical Analysis (01.09.2014-05.09.2014)
The EUR/USD slid to a one-year low last week, touching 1.3133 and then retreating just a few pips for a weekly close of 1.3138. The pair is trading below both its 50-day and 200-day Moving Average, which are currently More...
EUR/USD consolidated following euro zone CPI data but endured losses after the US data releases later on Friday
The EUR/USD consolidated above 1.3150 following a consumer price inflation report for the euro zone, which matched expectations; the following US PCE and Consumer Confidence data dealt a blow to the euro. The EUR/USD More...
The EUR/USD enters a correction territory as profit taking kicks in
The euro recovered slightly from almost one-year low against the US dollar recorded in early Asian trade as the pair reached a large option barrier at the 1.3150 support; the common currency gains are seen as short-term More...
