Date : 14th August 2014 EURUSD HOLDING BELOW THE 1.3400 LEVEL AFTER POOR GDP REPORTS FROM THE FRANCE AND GERMANY. EURUSD dropped yesterday and closed at 1.3363. The Industrial Production in the Eurozone dropped to a reading of -0.3 percent in June. Data from the United States revealed that the Reta...

Date : 13th August 2014 EURUSD PUSHED ABOVE THE 1.3400 LEVEL AFTER WORSE THAN EXPECTED RETAIL SALES DATA FROM THE UNITED STATES. EURUSD dropped yesterday and closed at 1.3368. Data released yesterday indicated that the ZEW Economic Sentiment dropped sharply to a reading of 23.7 in July. Additionall...

Date : 11th August 2014 EURUSD TRADING BELOW THE 1.3400 LEVEL ON MONDAY. LIGHT ECONOMIC CALENDAR TODAY.. EURUSD rose on Friday and closed at 1.3410. Data from the United States indicated that the Non-Farm Productivity in the largest economy in the world rose 2.5 percent in the second quarter of 201...

Date : 8th August 2014 EURUSD TRADING HIGHER ON FRIDAY AFTER THE SHARP DROP YESTERDAY. EURUSD dropped yesterday and closed at 1.3362. The President of the European Central Bank Mario Draghi expressed his concerns about the sanctions against Russia stating that they could worsen the outlook for the ...

Date : 7th August 2014 EURUSD TAKING A BREATHER AHEAD OF THE ECB INTEREST RATE DECISION IN PRESS CONFERENCE. EURUSD rose yesterday and closed at 1.3381. Data released from the Eurozone indicated that the German Factory Orders dropped to a reading of -3.2 percent in June. Another report showed that ...

Date : 6th August 2014 EURUSD PRINTED NEW LOWS IN THE EUROPEAN SESSION ON POOR DATA FROM THE EUROZONE. EURUSD dropped yesterday and closed at 1.3375. The Final Services PMI in the Eurozone expanded to a reading of 54.2 in July. The Spanish and Italian Services Purchasing Managers Indexes also expan...

Date : 5th August 2014 EURUSD FLIRTING WITH THE 1.3400 LEVEL IN THE FIRST HALF OF THE EUROPEAN SESSION. EURUSD dropped yesterday and closed at 1.3421. The Sentix Investor Confidence in the Eurozone dropped sharply to a reading of 2.7 in August marking its lowest level in 12 months. Data from Spain ...

Date : 4th August 2014 LOW VOLATILITY AT THE START OF THE WEEK. ECB PRESS CONFERENCE AND MINIMUM BID RATE ON FOCUS THIS WEEK. EURUSD rose on Friday and closed at 1.3430. The US dollar lost some of its gains against its European counterpart after the Unemployment Rate in the United States unexpected...

Date : 1st August 2014 EURUSD TRADING ABOVE 1.3400 AFTER THE US NON-FARM PAYROLLS RELEASE. EURUSD dropped yesterday and closed at 1.3389. The inflation in the Eurozone continued to fall reaching its lowest level in almost 5 years coming at a reading of 0.4 percent in July. On the other side the Une...

Date : 30th July 2014 EURUSD IS UNDER PRESSURE AHEAD OF THE ADP NON-FARM EMPLOYMENT CHANGE AND THE ADVANCE GDP DATA FROM THE US. EURUSD dropped yesterday and closed at 1.3407. The US dollar was boosted by the CB Consumer Confidence release which indicated that the consumer confidence in the United ...

Date : 28th July 2014 EURUSD TRADING NEAR THE 1.34 MARK IN THE EUROPEAN SESSION. US FUNDAMENTALS WILL DRIVE THE FX MARKET IN THE WEEK AHEAD. EURUSD dropped on Frirday and closed at 1.3429. The business sentiment in Germany dropped for a third consecutive month to a reading of 108.0 in July. The Eur...

Date : 25th July 2014 EURUSD TRADING LOWER AFTER WORSE THAN EXPECTED GERMAN IFO BUSINESS CLIMATE DATA. EURUSD traded sideways yesterday and closed at 1.3463. Data released yesterday indicated that German Flash Manufacturing PMI rose to a reading of 52.9 in July. Initially the single European curren...

Date : 24th July 2014 EURUSD LOSING SOME OF ITS EARLIER GAINS AFTER THE US UNEMPLOYMENT CLAIMS DROPPED TO A 8-YEAR LOW LEVEL DURING THE LAST WEEK. EURUSD dropped yesterday and closed at 1.3462. Earlier today the single European currency was boosted after positive PMI data from Europe and rebounded ...

Date : 23rd July 2014 EURUSD PRINTED NEW LOWS AFTER THE US INFLATION DATA RELEASED YESTERDAY. EURUSD dropped yesterday and closed at 1.3464. Data released from the US Bureau of Labor Statistics indicated that the consumer price index in the United States registered a rise of 2.1 percent on an annua...

Date : 22nd July 2014 EURUSD TRADING NEAR THE LOWS AHEAD OF THE UNIVERSITY OF MICHIGAN CONSUMER SENTIMENT DATA. EURUSD dropped yesterday and closed at 1.3523. The Bundesbank revealed in its monthly report that the largest economy in the Eurozone most probably slowed its growth in the 2nd quarter of...

Date : 18th July 2014 EURUSD TRADING NEAR THE LOWS AHEAD OF THE UNIVERSITY OF MICHIGAN CONSUMER SENTIMENT DATA. EURUSD traded sideways yesterday and closed at 1.3525. Data released yesterday indicated that the inflation in the Eurozone remained below the 2 percent target of the European Central Ban...

Date : 17 July 2014 EURUSD CONTINUES TO TRADE NEAR THE LOWS AHEAD OF THE US UNEMPLOYMENT CLAIMS REPORT. EURUSD dropped yesterday and closed at 1.3524. In the 2nd day of her testimony the Fed Chief Janet Yellen continued to support the US dollar. She convinced the lawmakers that Fed would start rais...

Date : 16 July 2014 EURUSD CONTINUES TO MOVE TOWARDS THE 1.35 LEVEL AFTER YESTERDAY’S SHARP DROP. EURUSD dropped yesterday and closed at 1.3568. The German ZEW Economic Sentiment slipped for a 7-th consecutive month coming at a reading of 27.1 in July. The United States dollar received support from...

Date : 14 July 2014 EURUSD PUSHED HIGHER IN THE EUROPEAN SESSION. ECB PRESIDENT DRAGHI SPEAKS IN STRASBOURG TODAY. EURUSD dropped on Friday and closed at 1.3604. Worries over the troubles in the European banking system pushed the Euro lower. The Prime Minister of Portugal Pedro Passos Coelho assure...

Date : 10 July 2014 EURUSD LOSING ITS YESTERDAYS GAINS DURING THE EUROPEAN SESSION. US UNEMPLOYMENT CLAIMS ON TAP. EURUSD rose yesterday and closed at 1.3640. The United States dollar lost strength against its European counterpart after the FOMC Meeting Minutes failed to give a clear outlook of whe...

Date : 09 July 2014 EURUSD FLIRTING WITH THE 1.36 LEVEL AHEAD OF THE FOMC MEETING MINUTES. EURUSD rose yesterday and closed at 1.3611. An official report released yesterday indicated that the German Trade Balance widened to 18.8B in May. The head of Bank of Spain and ECB Governing Council member Lu...

Date : 08 July 2014 EURUSD TRADING LOWER AFTER THE SMALL GAINS YESTERDAY. EURUSD rose yesterday and closed at 1.3603. The Sentix Investors Confidence in the Eurozone rose unexpectedly to a reading of 10.1 in July. On the other hand the German Industrial Production dropped 1.8 percent in May. Yester...

Date : 07 July 2014 EURUSD HOLDING BELOW THE 1.36 MARK IN THE EUROPEAN SESSION. EUROGROUP MEETINGS ON FOCUS. EURUSD dropped on Friday and closed at 1.3593. The US dollar gained momentum after speculations that Fed will provide clear outlook of the interest rate rise perspective during the FOMC Meet...

Date : 03 July 2014 EURUSD TRADING LOWER AHEAD OF THE ECB MINIMUM BID RATE DECISION. BUSY DAY FOR THE FX MARKETS. EURUSD dropped yesterday and closed at 1.3658. The French Prime Minister Manuel Valls urged the European Central Bank to take additional measures including asset-purchases to depreciate...

Date : 02 July 2014 EURUSD TRADING LOWER AHEAD OF THE EUROZONE’S FINAL GDP REPORT. EURUSD dropped yesterday and closed at 1.3678. Data released from the Eurozone showed that the Final Manufacturing PMI dropped to a 7 month low reading of 51.8 in June. Another report indicated that the number of une...