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Yen Weakens Before BOJ Decision EUR/USD: Yesterday was the first session following disappointing U.S. jobs data. Renewed hopes for more monetary stimulus from the Federal Reserve helped EUR/USD to halt its decline at the critical 1.3030-1.3000 zone. Now the pair will have a tough test at 1...

EUR Gains as U.S. Economic Recovery Remains Sluggish EUR/USD: The markets were mixed in limited holiday trade on Friday. Investors’ focus was on the U.S. jobs report even though fears for Spain have grown since its borrowing costs soared on Wednesday in its first debt auction since an...

EU is Failing to Contain Its Debt Crisis EUR/USD: It took just 4 days to fall back to 1.3030 from 1.3380 level which the pair had spent 9 days to reach. Yesterday EUR/USD tested 1.3030 support as Spain's debt burden renewed concerns about the eurozone's fiscal stability and after industrial...

EUR/USD Falls on Poor Spanish Debt Auction EUR/USD: The euro lost ground against the U.S. dollar yesterday as poor Spanish bond sale heightened concerns about lower rated euro zone countries and after the ADP report showed that labor market conditions continue to improve at a moderate pace...

EUR/USD Sinks as Fed Minutes Soften Stimulus Bias EUR/USD: Yesterday EUR/USD fell sharply after minutes from the Federal Reserve’s last meeting suggested the central bank was less likely to take further stimulus measures. Since many investors were positioned for the next round of quantitative...

Yen is Under the Pressure EUR/USD: Lately we see that EUR/USD is consolidating between 1.3385 and 1.3275. EUR/USD closed the day lower than opening on Monday after the economic data showed that eurozone unemployment hit fresh high of 10.8%. This is the highest level since the euro was...