The euro got its verbal support during last week's speech of Mr. Draghi, President of the European Central Bank, at the Global Investment Conference in London.

FXstreet.com (Barcelona) - The euro has managed to hold its post-Draghi gains but the pressure will be on for the ECB to actually deliver in the right setting.

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.

US durable goods orders rise 1.6% in June, largely confined to aircraft; core capital goods orders fall 1.4%; US initial jobless claims fall to 353000 from 388000; faulty seasonal adjustment again suspected; US pending home sales fall1.4% in June ...

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.

EUR/USD: Euro Up Amid ECB Talks On Rescue Fund, Trading Lower This Morning. For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.2146, after the European Central Bank (ECB) Governing Council member, Ewald Nowotny, ...

The minute EUR/USD runs into a seller the market automatically assumes it is one of the usual central bank sellers. I'll go out on a limb and blame the SNB as they have been frantically trying to diversify their euro-heavy reserve portfolio for months ...

European morning wrap up: UK economy in the crapper. Euro manages recovery. By Gerry Davies || July 25, 2012 at 11:13 GMT. || 17 comments || Add comment.

EUR/USD: Moody's Lower EFSF Outlook, Euro Tad Higher This Morning. For the 24 hours to 23:00 GMT, EUR declined 0.40% against the USD and closed at 1.2069, as risk aversion increased among investors following little hope that Greece would meet the ...

By Dean Popplewell. The euro framework continues to cause jitters and the dollar is starting the week where it happily left off on Friday, in demand.