Although better-than-expected U.S. jobless claims data gave the U.S. dollar some support, the greenback declined sharply against the euro after ECB President Mario Draghi confirmed that the bank left its benchmark interest rate unchanged at 0.5% as recent data indicated moderate economic recovery in the euro zone. In this way, the U.S. currency dropped to its lowest level this year against the common currency. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

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Earlier today, the U.S. dollar moved higher against major currencies despite disappointing economic data, which showed that the U.S. private sector added 139,000 jobs in February (below expectations for an increase of 160,000). However, the greenback gave up some gains after the Institute of Supply Management reported that its services purchasing manager's index fell to a 43-month low of 51.6 last month from 54.0 in January (while analysts had expected a drop to 53.5 in February). 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.

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Earlier today, the U.S. dollar moved higher against major currencies as tensions over the military action in Ukraine eased after Russian President Vladimir Putin statement. 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.

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Earlier today, the U.S. dollar moved higher after positive economic data. The Commerce Department reported that personal spending rose 0.4% (above expectations for an increase of 0.1%) and personal income rose 0.3% (also above expectations for a 0.2% increase. Additionally, the core PCE price index rose 0.1% in line with expectations. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.

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Earlier today, the U.S. dollar declined sharply against the euro after the release of positive euro zone economic reports, which supported demand for the common currency. Later in the day, the greenback extended losses against the euro and dropped to its lowest level since the beginning of the year after preliminary data showed that the U.S. gross domestic product rose 2.4% in the fourth quarter, missing expectations for a 2.5% growth. What happened with other currency pairs? What is their current outlook? We invite you to read our today's Forex Trading Alert.

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