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Tag Archives: eur/usd

Pressure on EUR/USD

The euro fell to an intraday low against the dollar Friday on a German news report that the European Central Bank had modeled quantitative easing. The ECB modeled a bond-buying program of 1 trillion euros. The euro EURUSD hit the day low at $1.3672 from $1.3731 the high of the day. ECB President Mario Draghi ...

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Tough decision on EUR/USD

The forex market is quite calm today after the tension in Ukraine faded as Russian President Vladimir Putin said he saw no need to use military force for now. For today I did not even try to open a position as I can forecast what will happen in the geopolitical ...

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A huge day for Euro

Euro/dollar The euro shot higher against the U.S. dollar on Friday, after data reports that the U.S. economy added fewer jobs than expected last month but weak German data pressure the single currency. The U.S. unemployment rate ticked down to 6.6% last month, from 6.7% in December. Analysts had expected ...

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EUR/USD higher on soft U.S. housing data

In trading on Friday, EUR/USD was up 0.32% at 1.3398, up from a session low of 1.3334 and off from a high of 1.3410. The pair was likely to find support at 1.3298, Thursday’s low, and resistance at 1.3452, Tuesday’s high. The Commerce Department reported earlier that new home sales ...

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