EUR/USD: ECB maintains ultra-loose monetary policy

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0868, after the European Central Bank (ECB) President, Mario Draghi, gave no hints to curtail its massive bond-buying programme in the … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of ECB’s monetary policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0907. On the economic front, French consumer confidence index remained steady at a level of 100.0 in April, meeting market expectations. … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.56% against the USD and closed at 1.0928. In economic news, industrial business climate index in France remained steady at a level of 104.0 in April, meeting market … Continue reading

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EUR/USD: German business confidence climbed to its highest level since July 2011 in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0867, after Germany’s Ifo business climate index surprisingly jumped to a level of 112.9 in April, strengthening to its highest level … Continue reading

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EUR/USD: Activity in the Euro-zone’s manufacturing and services sector surged to a 6-year high level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.0701 on Friday, amid concerns over the outcome of first round of voting in French presidential elections. Earlier in the session, … Continue reading

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EUR/USD: Euro-zone’s consumer confidence hits a nearly 9-year high level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.0713. On the data front, the Euro-zone’s flash consumer confidence index improved more-than-expected to a level of -3.6 in April, surging … Continue reading

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EUR/USD: Euro-zone’s annual consumer price inflation advanced 1.5% in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.0715. On the economic front, the Euro-zone’s final consumer price index (CPI) climbed 1.5% on an annual basis in March, in … Continue reading

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s final inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.0729. The greenback lost ground against most of its key counterparts, following disappointing housing starts and manufacturing production data in the … Continue reading

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EUR/USD: Germany’s inflation confirmed at 0.2% in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.0641. On Thursday, data showed that Germany’s final consumer price index (CPI) advanced 0.2% MoM in March, meeting market expectations and … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s final inflation figures for March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.58% against the USD and closed at 1.0665. In economic news, Germany’s wholesale price index remained flat on a monthly basis in March, following a revised rise of … Continue reading

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EUR/USD: Germany’s ZEW expectations index jumped to a 20-month high level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.0604, following upbeat ZEW survey data across the Euro-zone. Data revealed that the Euro-zone’s ZEW economic sentiment index surprisingly climbed to … Continue reading

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