DailyFX | July 31 2012 3:30 EDT. The euro has remained well supported ahead of the ECB rate decision with the single currency paring nearly all of yesterday's decline.

Today's reserve data showed skyrocketing reserves at the Swiss National Bank as they defend the EUR/CHF floor. Reserves were at 365B francs at the end of Q2 compared to 245B at the end of March, with all the growth coming in the final two months of the ...

After the EUR/USD jump to 1.2319 on Hollande's pro-euro comments, the pair quickly retraced back below 1.2300 psychological level to reach as low as 1.2270 on comments from Germany.

EUR/USD: Deepening Spanish Recession Pulled Euro Down, Trading Higher This Morning. For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD and closed at 1.2261, after data showed that Spanish economy continued its contraction and ...

Mid-Day Report: Risk Rally Left Euro Behind, EUR/AUD at Another Record Low. On the one hand, risk market's rally somewhat continues today with broad based strength in European and Asian equities and such strength helps boost Aussie higher.

Euro Break 1.2300 On Rising Hopes Of ECB Action. U.S. Dollar Trading (USD) although there are still plenty of doubts remaining about the new Eurozone measures to be announced optimism won in the end on Friday and we saw fresh highs on the ...

EUR/USD: Euro Advanced On ECB Hopes, Drifting Lower This Morning. For the 24 hours to 23:00 GMT on Friday, EUR rose 0.19% against the USD and closed at 1.2303, amid talks of stronger action by the European Central Bank (ECB) and Euro-zone ...

Euro_Surges_as_ECB_Comments_Force_Panic__Can_it_Continue_Higher_body_Picture_5.png, Euro Surges as ECB Comments Force Panic - Can it Continue Higher.

FXstreet.com (C�rdoba) - Following the knee-jerk reaction to the US GDP data, which showed the US economy expanded 1.5% in Q2, the euro recovered to trade higher against the greenback as Hollande and Merkel joined the pledge to do whatever it takes ...

The EUR/USD exchange rate is the price at which the world demand for US Dollars equals the world supply of Euros. As of July 26, 06:00 GMT, the pair was trading at 1.2146/47.