EUR/USD: Euro-zone’s consumer confidence dipped for the first time since July 2017 in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.2335, after the Euro-zone’s preliminary consumer confidence index slid more-than-anticipated to a level of 0.1 in February, dropping for the first … Continue reading

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EUR/USD: Euro-zone’s construction output grew for the second straight month in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.1% against the USD and closed at 1.2424. In economic news, the Euro-zone’s seasonally adjusted construction output advanced 0.1% on a monthly basis in December, compared to a … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.02% against the USD and closed at 1.2407 on Friday. On the macro front, Germany’s wholesale price index rose 0.9% on a monthly basis in January, beating market … Continue reading

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EUR/USD: Euro-zone’s trade surplus widens more than expected in January.

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.2498, after Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to €23.8 billion in December, driven by a rise in exports. The … Continue reading

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EUR/USD: Euro-zone’s economy grew as initially estimated in 4Q 2017, industrial production zoomed in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.2451, after the seasonally adjusted second estimate of the Euro-zone’s gross domestic product (GDP) climbed 0.6% on a quarterly basis in … Continue reading

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EUR/USD: Euro trading on a stronger footing, ahead of crucial Euro-zone 4Q GDP numbers

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.47% against the USD and closed at 1.2350. In economic news, the US NFIB small business optimism index advanced more-than-expected to a level of 106.9 in January, as … Continue reading

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EUR/USD: Euro trading a tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.2297. In economic news, data showed that budget surplus in the US narrowed more-than-anticipated to $49.2 billion in January, compared to … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.2232 on Friday. On the macro front, Italy’s seasonally adjusted industrial production rose more-than-expected by 1.6% on a monthly basis in … Continue reading

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EUR/USD: Robust growth expected to continue in the near term: ECB economic bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2249. Yesterday, the European Central Bank (ECB), in its latest economic bulletin report, stated that the Euro-zone economy is expected to … Continue reading

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EUR/USD: Euro-zone economy to show robust growth this year and next: European Commission

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.03% against the USD and closed at 1.2259, following downbeat industrial output data from Germany and reports that leader of Social Democrats (SPD), Martin Schulz, would not be … Continue reading

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EUR/USD: Germany’s factory orders soared to a 4-month high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.2380, following a pair of upbeat economic releases in Germany. Data revealed that Germany’s seasonally adjusted factory orders rebounded more-than-anticipated by … Continue reading

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