Forex Blog US Employment Shows Strong Growth, EUR/USD Falls…

by: Mohammad Hafiz

Forex Blog

US Employment Shows Strong Growth, EUR/USD Falls

Thu, 1 Jun 2017 16:34

EUR/USD was falling today and the decline accelerated after US employment showed a very robust growth. Other reports from the United States were either neutral (manufacturing) or bad (jobless claims and construction spending), but it looks like markets focused singularly on the employment data. Hawkish comments from John …

EUR/USD Pays No Heed to Slowing Eurozone Inflation

Wed, 31 May 2017 14:51

EUR/USD rallied today even though the report released during the trading session showed that eurozone inflation slowed, missing analysts’ expectations. (Event A on the chart.) Experts explained the euro’s good performance by expectations of discussion about stimulus exit at the next week’s policy meeting of the European Central Bank….

EUR/USD Bounces Off Day’s Lows Despite Unfavorable Data

Tue, 30 May 2017 14:37

EUR/USD rebounded today after falling intraday even though eurozone macroeconomic data was less than impressive. US economic reports, on the other hand, were decent, with the exception of the consumer sentiment that worsened unexpectedly. One of the possible reasons for the rally of the currency pair were speculations that the European Central…

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