Day: August 14, 2015

EUR/USD Falls on Good US Data, Rises on Poor Sentiment

Following some large waves of early trading session volatility, the EUR/USD Forex pair fell as some positive macro reports came out of the United States today. Traders sold euro versus USD on high PPI and good industrial production expansion. The consumer sentiment report, which came as the latest US fundamental indicator for the week, ruined the fun for the dollar bulls and pushed EUR/USD to recovery. Producer Price Index increased by 0.2% in July […]