EUR/USD: Euro-zone’s investor morale highest since August 2015 in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1209, after the Euro-zone’s ZEW economic sentiment index climbed to a level of 37.7 in June, notching its highest level in … Continue reading

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EUR/USD: Euro trading lower, ahead of the ZEW survey data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1201. In economic news, French business sentiment index remained unchanged at a level of 105.0 in May, at par with market … Continue reading

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EUR/USD: German trade surplus narrowed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1196 on Friday. On the economic front, Germany’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €18.1 billion in … Continue reading

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EUR/USD: ECB keeps monetary policy on hold and rules out further rate cuts

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1199, after the European Central Bank (ECB) trimmed its inflation forecasts for the next three years. The ECB, at its latest … Continue reading

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EUR/USD: OECD revised up Euro-zone’s growth forecast, calls for tapering ECB’s stimulus programme

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1258, following a report that the European Central Bank (ECB) will likely cut its inflation forecast at its monetary policy meeting … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index surged to a nearly decade high level in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1277, after the Euro-zone’s Sentix investor confidence index unexpectedly rose to a nearly 10-year high level of 28.4 in June, as … Continue reading

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EUR/USD: Euro-zone business activity remained steady in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1259. On macro front, the final composite PMI in the Euro-zone remained unchanged at a level of 56.8 in May, in … Continue reading

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EUR/USD: Euro-zone’s PPI remained unchanged in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.59% against the USD and closed at 1.1283 on Friday. On Friday, macroeconomic data showed that the producer price index (PPI) in the Euro-zone remained flat on a … Continue reading

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EUR/USD: Manufacturing sector growth across the Eurozone confirmed at a 6-year high level in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1217. Macroeconomic data indicated that the Euro-zone’s final Markit manufacturing PMI rose to a six-year high level of 57.0 in May, … Continue reading

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EUR/USD: Euro-zone’s annual inflation slipped to a 5-month low in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1242, as investors brushed off downbeat inflation data from the Euro-zone. Data showed that the flash consumer price index in the … Continue reading

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EUR/USD: German annual inflation slowed more-than-expected in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1173. On the data front, Germany’s preliminary consumer price index (CPI) climbed less-than-expected by 1.5% on an annual basis in May, … Continue reading

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