The EUR/USD Decreases Sharply to Session Opening

The EUR/USD was increasing for the most part of the present trading period but has decreased sharply currently and is trading alongside the opening level as of presently. It is a surprising performance in view of that the couple of news announced earlier to the decrease were discouraging. Personal earnings and consumption increased in April. Earnings was up by 0.4%, the same as in March and corresponding predictions. Spending rose up by 1.0%,…

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The EUR/USD Moves on Poor Data Originating from USA

The EUR/USD turns out perfectly well today and has restored firmly following a series of macroeconomic data originating from the United States. Almost all indicators have let down the dollar crap, adding firmness to the euro intervention in contrast to the greenback. Durable goods orders increased only 0.8% in March according to the initial release…

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EUR/USD Is Now Ready to Break High.

No sooner did the EUR/USD pair correct lower during the Asian session, than the strong buying interest rushed on a strategy and the same pair traded back near this month high at 1.1375. The Germany data was entirely mixed up. It had Retail Sales going down by 0.4% monthly basis in February, but strongly beyond…

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How EUR/USD Struggles to Prolong Rally Ahead of Yellen’s Speech

EUR/USD was trying to prolong yesterday’s rally but had problems with doing so as economic data released today from the United States was rather awesome. Now, traders twisted their concentration to the upcoming speech of Federal Reserve’s chief Janet Yellen as her remarks may change the point of view for the dollar. S&P/Case-Shiller home price index had a rise by 5.7% in January (year-on-year), exactly as predictors had predicted and nearly at the same rate as in December (5.6%). Month-on-month,…

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