The U.S. currency moved higher after data showed that U.S. personal spending rose 0.3% in February (in line with expectations), while the core PCE price index remained unchanged at 0.1% last month (also in line with expectations). Despite these positive numbers, the greenback gave up some gains after the University of Michigan reported that its consumer sentiment index moved to 80.0 in March, while analysts had expected an increase to 80.5 this month. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

• Read more

The U.S. currency moved higher after data showed that U.S. jobless claims declined by 10,000 (while analysts had expected an increase of 4,000) and fell to the lowest level since late November last week. Additionally, official data showed that U.S. economic fourth quarter growth was revised up to 2.6% from a preliminary estimate of 2.4%. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

• Read more

Earlier today, the U.S. currency moved higher after the Commerce Department showed stronger-than-expected data on U.S. durable goods orders, which rose 2.2% last month (above expectations for a 1% increase). Meanwhile, core durable goods orders (without transportation items) moved up 0.2%, slightly below forecasts for a 0.3% gain. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

• Read more

Earlier today, the U.S. currency moved higher after the Conference Board showed that its index of consumer confidence climbed to 82.3 in March (the highest level since January 2008). Despite this positive data, the greenback reversed after the Commerce Department reported that new home sales fell by 3.3% in February to the weakest level since last September, suggesting continued weakness in the housing sector. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

• Read more

Earlier today, the greenback moved higher against the euro after data showed that the preliminary reading of Germany’s manufacturing PMI dropped to a four-month low of 53.8 in March (below forecasts of 54.6). What happened with other currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

• Read more