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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.0598, after the Euro-zone’s Sentix investor confidence index advanced to a level of 23.9 in April, strengthening to its highest level … Continue reading

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EUR/USD: German industrial output surprisingly jumped in February, trade surplus widened more than anticipated in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0592 on Friday. In economic news, Germany’s seasonally adjusted industrial production unexpectedly rose 2.2% on a monthly basis in February, driven … Continue reading

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EUR/USD: Stimulus efforts still needed in the Euro-zone: ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.0643, after the European Central Bank (ECB) Chief, Mario Draghi, stated that it was too soon to wind down the central … Continue reading

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EUR/USD: Euro-zone’s services PMI revised lower in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.1% against the USD and closed at 1.0668. On the data front, the Euro-zone’s final Markit services PMI surprisingly dropped to a level of 56.0 in March, from … Continue reading

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EUR/USD: Euro-zone’s retail sales surged for a second consecutive month in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.0679, following the release of upbeat retail sales data. The Euro-zone’s seasonally adjusted retail sales rose more-than-expected by 0.7% MoM in … Continue reading

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EUR/USD: Euro-zone’s unemployment rate dips to its lowest level since May 2009 in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.0666. On the macro front, the Euro-zone’s unemployment rate fell to 9.5% in February, meeting market expectations and hitting its lowest … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation rose less than expected in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0669 on Friday, after the release of disappointing inflation data from the Euro-zone. The preliminary consumer price index (CPI) advanced less-than-anticipated … Continue reading

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EUR/USD: German annual inflation came in weaker than expected in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.74% against the USD and closed at 1.0684, following disappointing German flash inflation figures. Data indicated that Germany’s flash consumer price index (CPI) advanced less-than-expected by 1.6% on … Continue reading

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EUR/USD: German flash CPI for March awaited

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0764. In economic news, German import price index advanced above expectations by 0.7% on a monthly basis in February and after … 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 0.46% against the USD and closed at 1.0814. In economic news, Italy’s seasonally adjusted industrial sales slid 3.5% on a monthly basis in January, following a revised rise … Continue reading

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EUR/USD: German business confidence increased to its strongest level since 2011 in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.0864, after Germany’s Ifo business climate index surprisingly advanced to a nearly seven-year high level of 112.3 in March, underscoring optimism … Continue reading

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