The euro was able to maintain its recent bullish trend vs. the US dollar yesterday, after smooth debt auctions from Italy and Spain helped boost confidence in the euro-zone economic recovery.
A speech by Fed Chairman Ben Bernanke yesterday resulted in the US dollar tumbling throughout the European trading session. The speech, which hinted that the Fed may initiate another round of quantitative easing in the near future,...
The euro hit a three-week high vs. the US dollar on Friday, following a disappointing US housing figure. The New Home Sales figure came in at 313K, well below the 326K analysts had been forecasting.
Riskier assets, like the euro and AUD, tumbled on Thursday following the release of a string of negative global data. Worse than expected German news confirmed fears that the euro-zone has gone back into recession.
The US dollar was able to reverse some of its recent losses during the afternoon session yesterday, following the release of the Existing Home Sales figure. While the figure came in below expectations, it was still taken...
Following a relatively mild day in the marketplace yesterday, a batch of US news is forecasted to generate volatility today. The US Building Permits figure, set to be released at 12:30 GMT, is forecasted to come in...
The US dollar reversed some of its recent gains to close out the week on Friday, following the release of a disappointing US Core CPI figure. The figure, which came in at 0.1%, led to investor doubts...
The US dollar largely maintained its recent gains against the euro throughout yesterday’s trading session, as a batch of positive US data continued to boost confidence in the American economic recovery.
A positive economic outlook from the US Federal Reserve earlier this week, helped boost the dollar against its main currency rivals throughout yesterday’s trading session. The news helped boost the USD/JPY to a fresh 11-month high, while...
Investors took positive US retail and core retail sales figures, both released yesterday, as further evidence of growth in the world’s biggest economy. As a result, the USD/JPY shot up to 82.83 during the afternoon session, a...