Day: April 26, 2016

EUR/USD Rides on Poor Data Coming from USA

EUR/USD fared quite well today and has rallied strongly following a series of macroeconomic reports coming out of the United States. Nearly all indicators have disappointed the dollar bulls, adding strength to the euro attack against the greenback. Durable goods orders added only 0.8% in March according to the preliminary report by the US Census Bureau. That was much better than the last month’s drop by 3.1% but considerably worse than […]