EUR/USD: Euro-zone’s economy expanded as estimated in 3Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1414 on Friday. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted final gross domestic product (GDP) climbed 0.2% on a quarterly … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1378. Data indicated that Germany’s construction PMI expanded to a level of 51.3 in November, compared to a reading of 49.8 … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s service sector activity dropped to a two-year low level in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1349. On economic news the Euro-zone’s final services PMI slid to its lowest level in two-years to 53.4 in November, in … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s producer price advanced more-than-expectations in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1343. In economic news, the Euro-zone’s producer price index (PPI) advanced 4.9% on a yearly basis in October, beating market expectations … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing PMI dropped to a 27-month low level in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1355. Macroeconomic news indicated that the Euro-zone’s final manufacturing PMI declined to 51.8 in November, marking its lowest level since August … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s inflation slowed to its lowest level in three months in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.69% against the USD and closed at 1.1310 on Friday. On the data front, the Euro-zone’s flash consumer price inflation (CPI) slowed to a 3-month low level of … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s consumer confidence index declined to a 20-month low level in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1389. Data indicated that the Euro-zone’s final consumer confidence index declined to a 20-month low level of -3.9 in November, at … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.1369. In Germany, the Gfk consumer confidence index eased to level of 10.4 in December, more than market expectations for a … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.1294. The US dollar gained ground against major currencies, after the US President Donald Trump is likely to raise tariffs on … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading slightly higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1331. On the macro front, data indicated that Germany’s Ifo business climate index slid to a level of 102.0 in November, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing PMI slid to a 30-month low level in November, while the service sector activity fell to a 25-month low level in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1330 on Friday, amid sharp decline in the PMI data. Data indicated that the Euro-zone’s preliminary manufacturing PMI unexpectedly declined to … Continue reading

Posted in EUR/USD | Comments Off