EUR/USD: Euro-zone’s Markit manufacturing PMI climbed more-than-expected in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.0950. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to 39.5 in May, more than market expectations for a rise … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.0980. On the macro front, Euro-zone’s consumer price inflation slowed to 0.3% on a yearly basis in April, recording its lowest … Continue reading

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EUR/USD: Euro-zone’s ZEW economic sentiment index climbed in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.0924. On the macro front, Euro-zone’s ZEW survey economic sentiment index climbed to 46.0 in May, compared to a level of … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.85% against the USD and closed at 1.0916. In the US, the NAHB housing market index rose to 37.0 in May, more than market expectations for an advance … Continue reading

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EUR/USD: Euro-zone’s economy contracted at its sharpest pace in 1Q 2020

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.0818 on Friday. On the macro front, Euro-zone’s gross domestic product (GDP) slid 3.8% on quarterly basis in first quarter of … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0804. On the macro front, Germany’s consumer price inflation slowed to 0.9% on a yearly basis in April, recording its lowest … Continue reading

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EUR/USD: Euro-zone’s industrial production sharply decreased in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.0817. On the macro front, Euro-zone’s seasonally adjusted industrial production slumped 11.3% on a monthly basis in March, less than market … 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 0.38% against the USD and closed at 1.0850. In the US, the NFIB business optimism index unexpectedly dropped to 90.9 in April, defying market forecast for a rise … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0809. The US dollar strengthened against its major peers, as fears of a potential resurgence in global coronavirus cases increased demand … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.0836 on Friday. On the macro front, Germany’s seasonally adjusted industrial production slumped 9.2% on a monthly basis in March, hitting … Continue reading

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EUR/USD: Euro-zone’s retail sales declined more-than-expected in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0796. On the macro front, Euro-zone’s Markit services PMI dropped to 12.0 in April, compared to a level of 26.4 in … Continue reading

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