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According to the latest forex trades data the United States dollar became stronger in relation to the Euro after the issue of quite positive US earning reports that provided a strong incentive for the stock market.

The Central bank of the US issued the earnings reports for the second quarter of the year that turned to be of $0.72 better than the expected $0.53. These news lead to the talks of banking sector of the country becomes more stable. Moreover the reports under consideration provided more than 6% growth of the Bank of America shares in pre-market trades. Thus the Euro decreased to the point of $1.5857 from previous $1.5908.