Day: December 31, 2014

EUR/USD Resumes Decline

While EUR/USD halted its drop yesterday, the currency pair resumed its decline today. Economic data from the United States was not particularly supportive for the US currency during the current trading session, but this did not prevent the dollar from gaining on the euro. Initial jobless claims rose from 281k to 298k last week, exceeding market expectations of 287k. (Event A on the chart.) Chicago PMI dropped from […]