EUR/USD: Euro-zone’s current account surplus weakened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1339. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed to €16.2 billion in December, amid decline in … Continue reading

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EUR/USD: Euro extends its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.1312. In the Asian session, at GMT0400, the pair is trading at 1.1296, with the EUR trading 0.14% lower against the … Continue reading

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EUR/USD: Euro-zone’s trade surplus contracted more-than-estimated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1297 on Friday. Macroeconomic data showed that the Euro-zone’s seasonally adjusted trade surplus narrowed to €15.6 billion in December, amid decrease … Continue reading

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EUR/USD: Euro-zone’s economic growth slowed in 4Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1296. On the macro front, the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.2% on a quarterly basis in … Continue reading

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EUR/USD: Euro-zone’s industrial production declined for the second consecutive month in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1259. On the data front, the Euro-zone’s seasonally adjusted industrial production fell for the second consecutive month by 0.9% on a … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.1333. In the US data indicated that the US NFIB small business optimism index dropped to a two-year low level of … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.1279. In the Asian session, at GMT0400, the pair is trading at 1.1279, with the EUR trading slightly higher against the … Continue reading

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EUR/USD: Germany’s trade surplus unexpectedly widened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.1324 on Friday. On the data front, Germany’s seasonally adjusted trade surplus unexpectedly widened to €19.4 billion in December, compared to … Continue reading

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EUR/USD: EU cuts Euro-zone’s growth outlook

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1341, after the European Commission downgraded its growth forecasts for the euro area. The European Commission downgraded its growth forecasts for … Continue reading

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EUR/USD: Germany’s factory orders surprisingly declined in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1367. In economic news, Germany’s factory orders unexpectedly dropped 1.6% on a monthly basis in December, signalling further signs of economic … Continue reading

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EUR/USD: Euro-zone’s retail sales declined to its lowest level in seven-and-a-half years in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1406. On the macro front, the Euro-zone’s final services PMI remained unchanged at a level of 51.2 in January, notching its … Continue reading

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