EUR/USD: Eurozone consumer confidence drops to lowest reading since October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1608 On the macro front, the Euro-zone’s preliminary consumer confidence index unexpectedly declined to a level of -0.5 in June, amid … Continue reading

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EUR/USD: Euro trading on a weaker footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1576. Data showed that Germany’s producer price index (PPI) advanced more-than-anticipated by 2.7% on a yearly basis in May, reaching its … Continue reading

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EUR/USD: Euro trading on a negative footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1589. On the economic front, Euro-zone’s seasonally adjusted current account surplus narrowed more than expected to €28.4 billion in April, compared … Continue reading

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EUR/USD: Euro trading higher in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1621. Data showed that, in Italy, Europe’s third largest economy, trade surplus narrowed to €2.9 billion in April, compared to a … Continue reading

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EUR/USD: Euro reverses its previous session gains

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.34% against the USD and closed at 1.1609 on Friday. In economic news, the Euro-zone’s final consumer price index (CPI) climbed by 1.9% on an annual basis in … Continue reading

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EUR/USD: ECB signals gradual interest rate hikes and end of quantitative easing

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.82% against the USD and closed at 1.1583, after the European Central Bank (ECB), at its June monetary policy meeting, decided to keep the benchmark interest rate steady … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1798. On the economic front, the Euro-zone’s seasonally adjusted industrial production retreated more-than-anticipated by 0.9% on a monthly basis in April, … Continue reading

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EUR/USD: German investor morale deteriorated to a more than 6-year low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1744, following dismal economic data in the Euro-zone. Data showed that the Euro-zone’s ZEW economic sentiment index unexpectedly plunged to a … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1776. Meanwhile, in Italy, Europe’s third largest economy, the working day adjusted industrial production eased 1.9% on an annual basis in … Continue reading

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EUR/USD: Germany’s industrial output falls unexpectedly in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1767 on Friday. On the macro front, data showed that Germany’s seasonally adjusted trade surplus narrowed more-than-anticipated to €19.4 billion in … Continue reading

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EUR/USD: Euro-zone’s economy expanded as initially estimated in 1Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1798. Data indicated that the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.4% on a quarterly basis in the … Continue reading

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