EUR/USD: Governing council worried over appreciating Euro and low inflation: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1728, following the release of dovish minutes from the European Central Bank’s July meeting. According to minutes, policymakers expressed concerns over … Continue reading

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EUR/USD: Euro-zone’s economy expanded as expected in the three months to June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1778, after the second estimate of the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) advanced 0.6% on a quarterly basis … Continue reading

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EUR/USD: German economy expanded slightly less-than-expected in the three months to June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1740. Data indicated that Germany’s seasonally adjusted flash gross domestic product (GDP) advanced 0.6% on a quarterly basis in the second … Continue reading

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EUR/USD: Euro-zone’s industrial output fell for the first time since February 2017

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1778, after the Euro-zone’s seasonally adjusted industrial production eased more-than-expected by 0.6% on a monthly basis in June, declining for the … Continue reading

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EUR/USD: Germany’s annual inflation grew as initially estimated in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1823 on Friday. In economic news, data revealed that Germany’s final consumer price index (CPI) climbed 1.7% on an annual basis … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of Germany’s final inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1765. In economic news, French industrial production dropped more-than-expected by 1.1% on a monthly basis in June, dropping by the most … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1759. On the data front, Italy’s seasonally adjusted industrial production rose more-than-expected by 1.1% on a monthly basis in June, compared … Continue reading

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EUR/USD: German trade surplus at a 10-month high in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1763. On the macro front, Germany’s seasonally adjusted trade surplus widened to a ten-month high level of €21.2 billion in June, … Continue reading

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EUR/USD: Euro-zone’s investor confidence slipped in August, German industrial production surprisingly fell in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1794. On the macro front, the Euro-zone’s Sentix investor confidence index dropped to a three-month low level of 27.7 in August. … Continue reading

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EUR/USD: Germany’s factory orders sharply advanced in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.8% against the USD and closed at 1.1783 on Friday. In economic news, data showed that Germany’s seasonally adjusted factory orders rose more-than-expected by 1.0% on a monthly … Continue reading

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EUR/USD: Euro-zone’s retail sales surprised with an unexpected rise in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1878, boosted by better-than-expected retail sales data from the Euro-bloc. The Euro-zone’s seasonally adjusted retail sales unexpectedly advanced 0.5% on a … Continue reading

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