Earlier today, the U.S. currency moved higher after the Commerce Department showed that durable goods orders fell less than expected in January. Additionally, core durable goods orders (without transportation items) rose 1.1% in January, well above forecasts for a 0.3% decline (it was also the largest increase since May). Despite these positive numbers, the greenback gave up the gains and reversed after Federal Reserve Chair Janet Yellen testimony to the Senate banking committee in Washington. 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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The U.S. dollar extended gains after stronger-than-expected U.S. home sales data. Earlier today, the Commerce Department showed that new home sales rose 9.6% to 468,000 units in January, while analysts had expected a 1% drop to 400,000. What impact did this largest increase in five-and-a-half years has 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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The U.S. currency declined once again against the euro and approached a seven-week low earlier today. Will today’s U.S. economic reports support the greenback later in the trading day? Before we know the answer to this question, let’s take a look at the current situation in major currency pairs. We invite you to read our today's Forex Trading Alert.

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Earlier today, the U.S. dollar declined to slightly above a seven-week low against the euro after the IFO German business climate index increased to 111.3 in February, the highest level since mid-2011. However , in the following hours the greenback erased some losses 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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The greenback moved lower against the euro after the release of U.S. home sales missed analysts' forecasts. The National Association of Realtors said that U.S. existing home sales declined 5.1% to 4.62 million units last month (while analysts had expected a 4.3% drop to 4.68 million units). 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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