EUR/USD: Euro-zone’s unemployment rate lowest in 8 years in June, annual inflation advanced as expected in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.74% against the USD and closed at 1.1828, after the Euro-zone’s jobs report painted a bright picture of the region’s labour market. Data showed that unemployment rate in … Continue reading

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EUR/USD: German inflation accelerated to a 3-month high in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.1757 on Friday, following upbeat German inflation figures. Data showed that Germany’s flash consumer price index (CPI) advanced more-than-expected by 1.7% … Continue reading

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EUR/USD: German consumer morale zoomed to a 16-year high in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1683. In economic news, Germany’s GfK consumer confidence index unexpectedly climbed to a level of 10.8 in August, escalating to a … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s GfK consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.71% against the USD and closed at 1.1729. In economic news, Italy’s consumer confidence index unexpectedly advanced to a level of 106.7 in July, compared to market expectations … Continue reading

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EUR/USD: Mood among German businesses surged to record high in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1646, following upbeat Ifo report from Germany. Data indicated that Germany’s Ifo business climate index unexpectedly jumped to a record high … Continue reading

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EUR/USD: Manufacturing sector across the Euro-zone grew at its slowest pace in 3 months in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1640, after data indicated that manufacturing sector growth across the Euro-zone moderated at the start of the third quarter. The Euro-zone’s … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the Markit manufacturing and services PMIs data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1670 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.1668, with the EUR trading slightly lower … Continue reading

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EUR/USD: ECB leaves policy on hold, stays ‘patient’ on stimulus exit

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1628, after the European Central Bank (ECB) President, Mario Draghi, hinted that tapering of its ultra-loose monetary policy is on the … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1529. On the data front, the Euro-zone’s seasonally adjusted construction output eased 0.7% on a monthly basis in May, following a … Continue reading

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EUR/USD: Economic sentiment across the Euro-zone deteriorated more-than-expected in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.68% against the USD and closed at 1.1556. On the data front, the Euro-zone’s ZEW economic sentiment index dropped more-than-expected to a level of 35.6 in July, compared … Continue reading

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EUR/USD: Euro-zone’s annual inflation growth slowed to a 6-month low in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.1483. On the macro front, the Euro-zone’s final consumer price index (CPI) advanced 1.3% on an annual basis in June, confirming … Continue reading

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