EUR/USD: Euro trading lower this morning, ahead of the Euro-zone’s consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.2344. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted current account surplus narrowed to €35.1 billion in February, from a revised … Continue reading

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EUR/USD: Euro-zone’s annual inflation revised lower in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.2380. On the data front, the Euro-zone’s final consumer price index (CPI) grew less than initially estimated by 1.3% on a … Continue reading

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EUR/USD: German investor morale deteriorated to a more than 5-year low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.2372 as the latest data offered further evidence of a decline in investor optimism across the Euro-zone. Data indicated that the … Continue reading

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EUR/USD: Euro trading flat, ahead of the ZEW economic sentiment survey across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.39% against the USD and closed at 1.2382. The US Dollar declined against its major counterparts, amid renewed geopolitical tensions after the US President, Donald Trump, accused Russia … Continue reading

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EUR/USD: Euro-zone’s trade surplus surprisingly widened in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.2339 on Friday. On the economic front, the Euro-zone’s seasonally adjusted trade surplus unexpectedly widened to €21.0 billion in February, while … Continue reading

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EUR/USD: Officials expressed fears over global trade war and strengthening Euro: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2328, after minutes of the European Central Bank’s (ECB) March meeting highlighted concerns around global trade conflict as well as the … Continue reading

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EUR/USD: Euro trading marginally lower, ahead of ECB’s latest meeting minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.2369. Yesterday, the European Central Bank (ECB) President, Mario Draghi stated that trade tariffs announced by the US and China are … Continue reading

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EUR/USD: Euro trading flat in the Asian session, ahead of ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2358, after hawkish comments from the European Central Bank (ECB) policymaker, Ewald Nowotny reinvigorated hopes that the central bank will soon … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.2322, after the European Central Bank (ECB) President, Mario Draghi, expressed confidence that inflation in the common currency region would accelerate … Continue reading

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EUR/USD: Germany’s industrial output plunged in February, while construction sector contracted in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2285 on Friday. On the economic front, Germany’s seasonally adjusted industrial production unexpectedly eased 1.6% on a monthly basis in February, … Continue reading

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EUR/USD: Services sector growth revised lower across the Euro-zone in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2242, after the services sector activity across the Euro-bloc slowed more than initially estimated in March. In the Euro-zone, data showed … Continue reading

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