On the forex market this afternoon, the single European currency remained without much direction against the U.S. dollar, while remaining lower than 1.3512 / 1.3517 the dollar tested in the last three sessions.
The U.S. Federal Reserve started their meeting which ends tomorrow night with a decision of the Monetary Policy Committee and a press conference.
A neutral view was also taken against the yen (+ 0.13% to 138.36), the GBP rate (- 0.08% to 0.7987) and Swiss franc (+ 0.07% to 1.1287 ).
Yesterday, the dollar was affected by the latest …

Despite pressure on the U.S. dollar last week, the EURUSD failed to bounce back with the release of disappointing consumer confidence figures in the United States on Friday.It was expected that the greenback slip further before the weekend when a confidence index from the University of Michigan hit below expectations. However, this statistic is indeed revised down to 81.2 (preliminary figure) in June against 81.9 in May. The consensus forecast was set at 83.0.
The failure of the euro to rebound against the U.S. dollar while the latter sold off against …

The single European currency regained slightly against the dollar on Friday although somewhat less positive than thought by those who had followed last week U.S. statistics. At this time, the euro holds 0.10% against the dollar at 1.3564, roughly the same as yesterday.
The European currency was severely punished: in fact, the ECB has engaged in monetary transactions of importance, lowering its interest rates and announcing new bank refinancing. In addition, the U.S. employment report for May proved better than expected, which indicates a favorable dynamic U.S. economy.
But this morning, the …

Slightly disappointing UK trade data saw the Pound falter modestly on Friday. The British asset also slipped against the Euro as the common currency rebounded following the European Central Bank’s rate decision. Today’s UK Lloyds employment confidence index could have some impact on the Pound, but movement in the British asset is likely to be limited ahead of this week’s domestic employment data.
US Dollar
At the close of last week the US Dollar was supported by a surprisingly strong US non-farm payrolls report. The US economy was shown to have added …

The Pound is little moved against the Euro and US Dollar as the British Chambers of Commerce said that it expects the UK economy to strengthen further over the course of the year. The Pound gave back gains against the US Dollar on Monday but held steady as investors avoided the ‘Greenback’ in the wake of a disappointing report on the U.S. service sector.
US Dollar
The US Dollar recovered from a two-week low against the Japanese Yen after data showed that activity in the US service sector slowed unexpectedly last month. …

The Pound has risen for a fifth day against the Euro as economists await the release of data that is expected to show that construction in the UK increased for a fourth consecutive month in August. Currently Sterling is trading close to a 10-week high ahead of Thursday’s Bank of England policy makers meeting. Economists are expecting the Bank’s committee to vote in favour of maintaining its asset purchasing target at £375 billion.
US Dollar
The ‘Greenback’ strengthened to a one-month high against the Japanese Yen after market sentiment improved as the …

Yesterday, the Euro was finally able to recover against the dollar and is currently pursuing its course this morning with a high at $ 1.3070. Prices in the euro dollar (EUR / USD) currently remain between $ 1.30 and $ 1.3130 and may range in this area for a few sessions.
In economic news, the weekly figures on U.S. employment are rather reassuring. The U.S. Department of Labor has identified 332,000 weekly jobless claims in the United States for the week ended March 9, a decrease of 10,000 from the previous …