EUR/USD: German investor confidence sharply deteriorates in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0794, after the ZEW survey showed a slump in confidence among German investors. Data indicated that Germany’s ZEW economic sentiment indicator … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0836. In the Asian session, at GMT0400, the pair is trading at 1.0833, with the EUR trading slightly lower against the … Continue reading

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EUR/USD: Euro-zone’s economic growth hits a 7-year low, German economy stagnates

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0839 on Friday. Data showed that Euro-zone’s gross domestic product (GDP) grew 0.1% on a quarterly basis in 4Q19, registering its … Continue reading

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EUR/USD: Germany’s inflation hits a six-month high in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.0840. On the macro front, Germany’s consumer price index (CPI) climbed 1.7% on a yearly basis in January, hitting its highest … Continue reading

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EUR/USD: Euro-zone’s industrial output declined in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR fell 0.43% against the USD and closed at 1.0872. Data showed that Euro-zone’s industrial production dropped 4.1% on a yearly basis in December, more than market expectations for a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.0919. In the US, the NFIB small business optimism index advanced to a level of 104.3 in January, as business owners … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence deteriorated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0912. On the macro front, Euro-zone’s Sentix investor confidence index eased to 5.2 in February, amid rising concerns about the economic … Continue reading

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EUR/USD: Germany’s trade surplus widened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.0945 on Friday. Data showed that Germany’s trade surplus widened to €19.2 billion in December, driven by a rise in exports … Continue reading

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EUR/USD: Germany’s factory orders fell at its fastest pace in more than a decade

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.0980, following disappointing German factory orders data. Data showed that Germany’s factory orders unexpectedly dropped by 2.1% on a monthly basis … Continue reading

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EUR/USD: Euro-zone’s private sector activity dropped in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1000. On the data front, the final Markit services PMI fell to a level of 52.5 in January, less than market … Continue reading

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EUR/USD: Eurozone producer prices declined for the fifth straight month in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1046. On the macro front, Euro-zone’s producer price index (PPI) declined 0.7% on an annual basis in December, in line with … Continue reading

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