EUR/USD: Euro-zone’s Markit manufacturing PMI rose in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.1309. On the macro front, Euro-zone’s Markit manufacturing PMI rose to 46.9 in June, more than market forecast for a rise … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index rose in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.76% against the USD and closed at 1.1270. On the macro front, Euro-zone’s consumer confidence rose to -14.7 in June, more than market expectations for a rise to … Continue reading

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EUR/USD: Euro-zone’s current account surplus narrowed to a 3-year low level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1184 on Friday. On the macro front, Euro-zone’s current account unexpectedly surplus narrowed to €14.4 billion in April, recording its lowest … 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 declined 0.32% against the USD and closed at 1.1209. In the US, the Philadelphia Fed manufacturing index surged to 27.5 in June, surpassing market forecast for a rise to … 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 declined 0.14% against the USD and closed at 1.1245. On the macro front, Euro-zone’s consumer price inflation slowed to 0.1% on a yearly basis in May, reaching its lowest … Continue reading

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EUR/USD: Euro-zone’s ZEW survey economic sentiment index climbed in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.1261. On the macro front, Euro-zone’s ZEW survey economic sentiment index climbed to 58.6 in June, compared to a level of … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.1326. On the macro front, Euro-zone’s trade surplus narrowed to €1.2 billion in April, recording its lowest level since 2011 and … Continue reading

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EUR/USD: Euro-zone’s industrial production dropped in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1254 on Friday. On the macro front, Euro-zone’s industrial production dropped 17.1% on a monthly basis in April, less than market … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.1296. In the US, the producer price index rose 0.4% on a monthly basis in May, driven by rise in food … Continue reading

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EUR/USD: Euro extends its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1382. The US dollar dropped against the euro, after the US Federal Reserve (Fed) signalled no hikes through 2022 and projected … Continue reading

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EUR/USD: Euro-zone’s economy contracted at its fastest pace in 1Q 2020

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1341. On the macro front, Euro-zone’s gross domestic product (GDP) declined 3.6% on a quarterly basis in the first quarter of … Continue reading

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