EUR/USD: Euro-zone’s trade surplus expanded in February, notching its highest level in 11-months

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1298. On the data front, the Euro-zone’s seasonally adjusted trade surplus widened to a 11-month high level of €19.5 billion in … Continue reading

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EUR/USD: Eurozone construction output rose to a 2-year high level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1282. On the data front, the Eurozone seasonally adjusted construction output climbed to a 2-year high level of 3.0% on a … Continue reading

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EUR/USD: Euro trading a tad 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 1.1303. In the US data showed that the US NY Empire State manufacturing index climbed to a level of 10.1 in … Continue reading

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EUR/USD: Euro-zone’s industrial production declined less than expectations in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1295 on Friday, amid speculation that news of a Japanese bank’s plans to purchase a German multi-billion-dollar aviation finance business might … Continue reading

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EUR/USD: Germany’s consumer price inflation slowed to its lowest level since April 2018 in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1259. In economic news, Germany’s final consumer price index (CPI) advanced 1.3% on a yearly basis in March, in line with … Continue reading

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EUR/USD: ECB leaves key interest rates unchanged at 0.00%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1277. The European Central Bank (ECB), in its April monetary policy meeting, decided to keep the benchmark interest rate steady at … Continue reading

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EUR/USD: Euro trading lower ahead of ECB’s key rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.1266. The US dollar declined against the euro, amid concerns over US-EU trade tensions, after President Donald Trump stated that he … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index advanced for the second consecutive month in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1257. On the macro front, the Euro-zone’s Sentix investor confidence index climbed to a level of -0.3 in April, notching its … Continue reading

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EUR/USD: Germany’s factory orders unexpectedly declined to a two-year low level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1222, on the back of dismal German factory orders data. Data showed that Germany’s seasonally adjusted factory orders unexpectedly declined to … Continue reading

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EUR/USD: Euro-zone’s services PMI unexpectedly advanced in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.1243. On the macro front, the Euro-zone’s final services PMI unexpectedly climbed to a level of 53.3 in March, compared to … Continue reading

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EUR/USD: Euro-zone’s producer price inflation rose at a slower than expected pace in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1204. In economic news, the Euro-zone’s producer price index (PPI) advanced 3.0% on a yearly basis in February, compared to a … Continue reading

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