Holiday in the United States of America and lack of activity in the market
Previous week was not positive for US dollar due to weak Initial Jobless Claims and Retail Sales statistics. But the general decrease was not that strong as Michigan Consumer Index remained at the same level of …
Weak statistics from the United States of America can harm US dollar
Initial Jobless Claims and Retail Sales statistics from US was weaker than expected and it had a negative impact on USD and changed the mood of traders against American currency. Talks about the possibility of US to stop …
EUR/USD still consolidating
Rapid decrease of EUR yesterday was due to the speech of a member of European Central Bank Executive Board Benoit Coeure. Mr Coeure announced that the bank will have a close look on the issue of a negative deposit rate as a possible solution to stop EUR …
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