EUR/USD: Euro-zone’s industrial production declined at its fastest pace in 4 months in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1279. On the data front, Euro-zone’s seasonally adjusted industrial production slid 0.5% on a monthly basis in April, declining at its … 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 0.31% against the USD and closed at 1.1293. In the US, data showed that the consumer price index (CPI) advanced 1.8% on a yearly basis in May, falling … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index declined in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1328. In economic news, Euro-zone’s Sentix investor confidence index fell to a level of -3.3 in June, surpassing market expectations for … 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 slightly rose against the USD and closed at 1.1314. In the US, data showed that the JOLTs job openings unexpectedly fell to a level of 7449.0K in April, compared … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.1334 on Friday. On the data front, Germany’s seasonally adjusted trade surplus narrowed to €17.0 billion in April, undershooting market consensus … Continue reading

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EUR/USD: ECB left its key interest rate unchanged, delays rate hike

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1278, after the European Central Bank (ECB) postponed its interest rate hike deadline. The ECB, in its June monetary policy meeting, … Continue reading

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EUR/USD: Euro-zone’ s services sector activity surprisingly rose in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1229. In economic news, Euro-zone’ s final services PMI unexpectedly rose to a level of 52.9 in May, compared to a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1253. Macroeconomic data showed that Euro-zone’s final consumer price inflation slowed to 1.2% on an annual basis in May, compared to … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector activity fell for the fourth consecutive month in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.1245. On the macro front, the Euro-zone’s final manufacturing PMI dropped to a level of 47.7 in May, contracting for the … Continue reading

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EUR/USD: Germany’s consumer price inflation slowed in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1169 on Friday. Macroeconomic data showed that Germany’s preliminary consumer price inflation (CPI) slowed to 0.2% on a monthly basis in … 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 slightly declined against the USD and closed at 1.1133. In the US, data showed that the second estimate of annualised gross domestic product (GDP) advanced 3.1% on a quarterly … Continue reading

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