EUR/USD: Euro-zone’s industrial output surprisingly rebounded in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.1823, after data showed that the Euro-zone’s seasonally adjusted industrial production unexpectedly rebounded 0.2% on a monthly basis in October, confounding … Continue reading

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EUR/USD: German investor confidence cooled for the first time in 4 months in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.3% against the USD and closed at 1.1738, following the release of downbeat ZEW economic sentiment data across the Euro-zone. The Euro-zone’s ZEW economic sentiment index declined to … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ZEW economic sentiment survey

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1773. On the macro front, Italy’s seasonally adjusted retail sales unexpectedly eased 1.0% on a monthly basis in October, dipping to … Continue reading

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EUR/USD: Germany’s trade surplus sharply narrowed in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1768 on Friday, after Germany’s seasonally adjusted trade surplus narrowed more-than-expected to €18.9 billion in October, as exports recorded a surprise … Continue reading

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EUR/USD: Euro-zone’s economic growth confirmed at 0.6% in the three months to September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1776, after Germany’s seasonally adjusted industrial production unexpectedly declined 1.4% on a monthly basis in October, posting its biggest drop in … Continue reading

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EUR/USD: Germany’s factory orders posted an unexpected rise in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1805, after Germany’s Markit construction PMI fell to a ten-month low level of 53.1 in November, hinting that the nation’s construction … Continue reading

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EUR/USD: German services sector growth surprisingly revised to a 3-month low in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1829, after Eurozone’s retail sales unexpectedly dropped in October and a final reading on Germany’s Markit services PMI showed an unexpected … Continue reading

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EUR/USD: Euro-zone’s investor morale deteriorated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1870, after the Euro-zone’s Sentix investor confidence index fell more-than-anticipated to a level of 31.1 in December. The index had recorded … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector revised higher to hit a 17-year high in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1892 on Friday. In economic news, the Euro-zone’s final Markit manufacturing PMI rose to a level of 60.1 in November, up … Continue reading

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EUR/USD: Euro-zone’s October unemployment rate dipped to its lowest in nearly 9 years, annual inflation came in weaker-than-expected in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.1897, after robust jobs data in the Euro-zone boosted investor sentiment. The Euro-zone’s unemployment rate surprisingly declined to 8.8% in October, … Continue reading

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EUR/USD: Germany’s annual inflation topped market expectations in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1852, after data showed that inflation in the Euro-zone’s largest economy picked up for first time in three months in November. The flash consumer price … Continue reading

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