EUR/USD: dollar losing its charm

EUR/USD Current price: 1.2549 View Live Chart for the EUR/USD The EUR/USD pair has once again, failed to define a clear direction this Thursday, despite the notorious imbalance between both economies: earlier on the day, European data shown Manufacturing and Services PMIs in the region fell back particularly in Germany and the EU after last …

EUR/USD: FED also concerned about inflation

EUR/USD Current price: 1.2550 View Live Chart for the EUR/USD The world is worried about low inflation, and the FED is no exception: ““many participants observed the committee should remain attentive to evidence of a possible downward shift in longer-term inflation expectations,” according to the latest FOMC Minutes, released this US afternoon. The dollar suffered …

Forex Technical Analysis: EUR/USD, pressuring again 1.2440

EUR/USD Current price: 1.2451 An exceptionally busy Monday saw majors trading in wide intraday ranges, with the dollar standing as the overall winner by US close. The event of the day has been no doubts ECB President’s testimony before the Committee on Economic and Monetary Affairs, in Brussels. His remarks has been for the most …

Technical Analysis : EUR/USD stubbornly flat

EUR/USD Current price: 1.2475 The EUR/USD pair remains stubbornly flat, trading within a narrow range for fourth day in a row. In fact, ever since the week started the pair has moved half its average amount of pips, measuring between the low and the high barely 110 pips. A light calendar following all the excitement …

Technical Analysis : EUR/USD: sleeps as market moves on

EUR/USD Current price: 1.2421 The EUR/USD didn’t acknowledge market came back to full activity mode, confined to an even tighter range than earlier on the week, for most of the day. The greenback has been under pressure for most of the European session and early US, as stocks markets were in red. However, US indexes …