EUR/USD: Euro-zone’s manufacturing sector activity accelerated in June, while services sector growth cooled in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.34% against the USD and closed at 1.1196 on Friday, after the Euro-zone’s flash Markit manufacturing PMI unexpectedly rose to a level of 57.3 in June, expanding at … Continue reading

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EUR/USD: Euro-zone’s consumer confidence zoomed to a 16-year high level in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.1165. On the data front, the Euro-zone’s flash consumer confidence index improved more-than-expected to a level of -1.3 in June, notching … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the ECB’s economic bulletin report

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1167. In the US, data showed that existing home sales unexpectedly advanced 1.1% to a level of 5.62 million on a … Continue reading

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EUR/USD: Euro-zone’s current account surplus narrowed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1135. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed more-than-expected to a level of €22.2 billion in … Continue reading

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EUR/USD: Euro-zone’s construction output rebounded in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.1150. On the macro front, the Euro-zone’s seasonally adjusted construction output rebounded 0.3% on a monthly basis in April, following a … Continue reading

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EUR/USD: Euro-zone’s annual inflation confirmed at 1.4% in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1200 on Friday. Macroeconomic data showed that the Euro-zone’s final consumer price index advanced 1.4% on an annual basis in May, … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed more-than-expected in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.1150. Macroeconomic data showed that the Euro-zone’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €19.6 billion in April, … Continue reading

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EUR/USD: Euro-zone’s industrial output rose for the second consecutive month in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1212. On the macro front, the Euro-zone’s seasonally adjusted industrial production advanced for the second straight month, after it rose 0.5% … Continue reading

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EUR/USD: Euro-zone’s investor morale highest since August 2015 in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1209, after the Euro-zone’s ZEW economic sentiment index climbed to a level of 37.7 in June, notching its highest level in … Continue reading

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EUR/USD: Euro trading lower, ahead of the ZEW survey data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1201. In economic news, French business sentiment index remained unchanged at a level of 105.0 in May, at par with market … Continue reading

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EUR/USD: German trade surplus narrowed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1196 on Friday. On the economic front, Germany’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €18.1 billion in … Continue reading

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