Day: April 7, 2014

EUR/USD Slowly Rises Today

The dollar was falling against the euro during the whole European trading session — gradually and steadily. The currency pair started to trade flat following the US session opening and remained unaltered by today’s consumer credit report. US consumer credit added $16.5 billion in February beating the median estimate of $14.1 billion growth. January increase was positively revised from $13.7 to $13.8 billion. (Event A on the chart.) Nonfarm payrolls report, released […]