EUR/USD: Economic recovery in the Euro-zone steadily firming: ECB economic bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0780. In economic news, the Euro-zone’s flash consumer confidence index improved more-than-anticipated to a level of -5.0 in March, compared to … Continue reading

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EUR/USD: Euro-zone’s current account surplus dropped to its lowest level since January 2016 in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0793. On the economic front, the Euro-zone’s seasonally adjusted current account surplus narrowed to a twelve-month low level of €24.1 billion … Continue reading

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EUR/USD: Euro trading between its MA’s in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.73% against the USD and closed at 1.0811, after a strong debate performance from French centrist Presidential candidate, Emmanuel Macron, thus cementing his position as the front-runner in … Continue reading

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EUR/USD: Germany’s producer price inflation accelerates at its fastest pace since November 2011 in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.0733. On the data front, Germany’s producer price index rose 3.1% on an annual basis in February, notching its highest level … Continue reading

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EUR/USD: Euro-zone’s trade surplus shrunk in January, construction output dropped further in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0741 on Friday. On the macro front, the Euro-zone’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €15.7 billion … Continue reading

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EUR/USD: Euro-zone’s annual inflation confirmed at a 4-year high level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.0771, after the Dutch Prime Minister, Mark Rutte’s party won over anti-Islam lawmaker, Geert Wilders, in an election that many viewed … Continue reading

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EUR/USD: Dutch exit polls show Liberal win

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.15% against the USD and closed at 1.0730, after Dutch election exit polls suggested that the country’s Prime Minister, Mark Rutte’s Liberals were on course for a resounding … Continue reading

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EUR/USD: Dutch elections to be held today

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0608. In economic news, German ZEW economic sentiment index rose less-than-expected to a level of 12.8 in March, suggesting that political … 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 0.38% against the USD and closed at 1.0652. In economic news, Italy’s seasonally adjusted industrial production dropped more-than-expected by 2.3% on a monthly basis in January, declining for … Continue reading

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EUR/USD: Euro trading higher in the morning session, ahead of a speech by the ECB President

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.08% against the USD and closed at 1.0691 on Friday, after news emerged that some European Central Bank policymakers raised the possibility of an interest rate hike before … Continue reading

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EUR/USD: ECB leaves monetary policy on hold

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.0577, after the European Central Bank (ECB) President, Mario Draghi, struck a more optimistic tone on the Euro-zone’s economic recovery. The … Continue reading

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