EUR/USD: Euro-zone’s trade surplus narrowed for the third consecutive month in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1374 In the economic news, Euro-zone’s seasonally adjusted trade surplus narrowed to €16.7 billion in June, contracting for the third consecutive … Continue reading

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EUR/USD: Euro trading higher, ahead of trade balance data.

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined slightly against the USD and closed at 1.1344. In the US, data revealed that the US advance retail sales climbed 0.5% on a monthly basis in July, higher … Continue reading

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EUR/USD: Euro-zone’s 2Q GDP growth revised higher from the initial estimate

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1349. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) advanced 0.4% on a quarterly basis in 2Q … Continue reading

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EUR/USD: Euro trading higher, ahead of crucial 2Q GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.1405. In the Asian session, at GMT0300, the pair is trading at 1.1412, with the EUR trading 0.06% higher against the … 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 declined 0.99% against the USD and closed at 1.1408 on Friday. The US dollar gained ground against the major currencies, after the US President, Donald Trump imposed double tariffs … Continue reading

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EUR/USD: Euro reverses its loses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.78% against the USD and closed at 1.1522. In the US, data showed that US producer price index advanced 3.3% in July, less than market consensus for a … 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 rose 0.10% against the USD and closed at 1.1612. In the US, data revealed that mortgage applications slid 3.0% on a weekly basis in the week ended 03 August … Continue reading

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EUR/USD: Germany’s trade surplus widened beyond market forecast in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1600. In the economic news, Germany’s seasonally adjusted trade surplus widened to €21.8 billion in June, more than market expectations for … Continue reading

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EUR/USD: German factory orders declined at the fastest pace since early 2017 in June, while Euro-zone’s Sentix confidence index climbed to a 3-month high level in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1558, following disappointing German factory orders data. Data showed that Germany’s seasonally adjusted factory orders retreated 4.0% on a monthly basis … Continue reading

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EUR/USD: Euro-zone’s services sector declined more-than-estimated in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1572 on Friday. Macroeconomic news indicated that Euro-zone’s final services PMI dropped more than expected to a level of 54.2 in … Continue reading

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EUR/USD: Euro-zone’s producer prices climbed more-than-anticipated in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.1664. In the economic news, Euro-zone’s producer price index advanced to 3.6% on yearly basis in June, more than market consensus … Continue reading

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