EUR/USD: German industrial production grew at its quickest pace since August 2016 in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.0539. Macroeconomic data indicated that Germany’s seasonally adjusted industrial production rebounded more-than-expected by 2.8% on a monthly basis in January, notching … Continue reading

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EUR/USD: Euro-zone’s GDP growth holds steady at 0.4% in the last three months of 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.0565. In economic news, the Euro-zone’ seasonally adjusted final gross domestic product (GDP) was confirmed at 0.4% on a quarterly basis … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index hits highest level since August 2007 in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.0585, amid increased likelihood of a victory by anti-EU leader, Marine Le Pen in French Presidential election, after former French Prime … Continue reading

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EUR/USD: Euro-zone’s retail sales declined for the third straight month in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.0596 on Friday. In economic news, the Euro-zone’s final Markit services PMI was revised slightly lower to a level of 55.5 … Continue reading

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EUR/USD: Euro-zone’s annual inflation jumps past ECB’s target

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0506. Macroeconomic data indicated that the Euro-zone’s flash consumer price index (CPI) surged to a 4-year high level in February, after … Continue reading

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EUR/USD: Manufacturing sector growth across the Euro-zone accelerated to a nearly 6-year high level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0549. On the economic data front, the Euro-zone’s final Markit manufacturing PMI advanced to a level of 55.4 in February, notching … Continue reading

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EUR/USD: Euro trading on a weaker footing, ahead of manufacturing PMI readings across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.0571. In the US, the second estimate of annualised gross domestic product showed that the US economy expanded less-than-expected by 1.9% … Continue reading

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EUR/USD: Euro-zone’s economic and business confidence surged in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.0585. On the economic front, the Euro-zone’s final consumer confidence index dropped to a level of -6.2 in February, at par … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s final consumer confidence index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0562 on Friday. In economic news, French consumer confidence index remained steady at a level of 100.0 in February, in line … Continue reading

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EUR/USD: German economy picked up speed in the final quarter of 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.0575, after Germany’s seasonally adjusted final gross domestic product (GDP) grew 0.4% QoQ in 4Q 2016, driven by robust government spending, … Continue reading

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EUR/USD: Euro-zone’s annual inflation confirmed at 1.8% for January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0554, after the Euro-zone’s final consumer price index (CPI) rose 1.8% on an annual basis in January, confirming the preliminary print, … Continue reading

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