EURUSD continues to trade around the 1.35 level as FED policymakers indicate highlight the possibility to continue with the stimulus measures EURUSD rose yesterday and closed at 1.3513. The Markit Economics reported yesterday that the Manufacturing Purchasing Managers Index in the Eurozone rose to ...

EURUSD trading near the 1.35 mark at the start of the week. FOMC Members Powel and Rosengren speak later today. EURUSD dropped on Friday and closed at 1.3486. The single European currency lost strength on speculation that the European Central Bank might initiate more easing measures. On the other ha...

EURUSD dropped yesterday and closed at 1.3736. The United States dollar strengthened after the latest FOMC statement about the monetary policy. The United States Federal Reserve maintained the size of its asset purchase program at 85 billion dollars per month. The FOMC Statement excluded any referen...

EURUSD trading lower ahead of the ADP Non-Farm Employment Change. Eyes on the FOMC Statement. EURUSD dropped yesterday and closed at 1.3745. The single European currency lost strength after the Director General of Bank of Italy Luigi Signorini indicated that the economic growth of Italy will be wors...

EURUSD drifting lower today. European economy emerged from the danger zone according to ECB policymaker Coeure. EURUSD dropped yesterday and closed at 1.3785. The Industrial Production in the United States rose 0.6 percent month over month in September. On the other side of the ocean the European Ce...

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EURUSD rose yesterday and closed at 1.3800. The United States dollar lost strength after worse than expected Unemployment Claims report. 350K people filed initial jobless claims during the last week. Market had expected a reading of 340K. This combined with the worse than expected Flash Manufacturin...

EURUSD trading higher ahead of the US Trade Balance and Unemployment Claims reports EURUSD dropped yesterday and closed at 1.3774. The European Central Bank decided to put the top banks in the Eurozone to a rigorous test next year. The President of the ECB Mario Draghi stated that the test of the b...

United States Non-farm Payrolls due to be released tomorrow. http://blog.hotforex.com/wp-content/uploads/2013/10/EURUSD-21-October-2013.jpg EURUSD rose on Friday and closed at 1.3685. The single European currency strengthened against its US counterpart on speculations that the United States Federal...

EURUSD continues its upside move as FED policy makers are expected to keep the size of the 85 billion bond-buying program. EURUSD rose yesterday and closed at 1.3683. Officials from the United States Federal Reserve supported the central bank to continue with the size of its bond-buying program for ...

EURUSD trading higher after the Chinese rating agency Dagong downgraded the US sovereign debt. EURUSD rose yesterday and closed at 1.3531. During his speech yesterday the president of the European Central Bank Mario Draghi stated that the economy in the Eurozone is subdued and uneven and it will st...

EURUSD drifting lower ahead of the FOMC Meeting Minutes EURUSD dropped yesterday and closed at 1.3572. The Trade Balance in Germany rose to 15.6 billion Euro in August. The Factory Orders in the strongest economy in the European Union dropped 0.3 percent on a month basis in August. On the other side...

EURUSD trading higher after the Eurozone second quarter GBP remained in line with the market expectation . EURUSD rose yesterday and closed at 1.3580. The United States dollar was pressurized again after the President Barack Obama stated that he would not negotiate with the Republicans over the deb...

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EURUSD dropped yesterday and closed at 1.2779. The ratings agency Standard & Poor’s lowered Italy’s sovereign credit rating to ‘BBB’from‘BBB-plus with negative outlook. The member of the European Central Bank Governing Council Joerg Asmussen stated that the central bank would maintain low intere...

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