EUR/USD: Euro trading higher, ahead of the Euro-zone’s retail sales data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1742. On the macro front, the Euro-zone’s producer price index (PPI) advanced 2.5% on an annual basis in August, beating market … Continue reading

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EUR/USD: Euro-zone’s unemployment rate surprisingly remained steady in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.31% against the USD and closed at 1.1738. Meanwhile, data indicated that the Euro-zone’s unemployment rate unexpectedly remained steady at an eight-year low of 9.1% in August, while … Continue reading

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EUR/USD: Euro-zone’s annual inflation grew at a softer pace in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1816 on Friday. In economic news, the Euro-zone’s flash consumer price index (CPI) climbed less-than-anticipated by 1.5% on an annual basis … Continue reading

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EUR/USD: Euro-zone’s economic sentiment at a more than a decade high level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.1781, after data indicated that the Euro-zone’s final consumer confidence index climbed to a sixteen-year high level of -1.2 in September, … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of Germany’s inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1745. On the macro front, French consumer confidence index unexpectedly dropped to a level of 101.0 in September, hitting a five-month … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.1788. In economic news, Germany’s import price index remained flat on a monthly basis in August, compared to market consensus for … Continue reading

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EUR/USD: Too early to scale back the ECB’s extraordinary monetary policy: ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.6% against the USD and closed at 1.1856, following comments from the European Central Bank (ECB) Chief, Mario Draghi, as well as outcome of Germany’s general election. Yesterday, … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector activity at a nearly 7-year high in September, services sector growth soared to a 4-month high in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1944 on Friday, after the latest data suggested that economic recovery across the Euro-zone retained its momentum at the end of … Continue reading

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EUR/USD: Euro-zone’s consumer morale hit a 16-year high in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1940, on the back of a surprise improvement in the Euro-zone’s consumer sentiment. Data indicated that the Euro-zone’s flash consumer confidence … Continue reading

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EUR/USD: Euro trading on a weaker footing, ahead of ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.87% against the USD and closed at 1.1891. On the macro front, Germany’s producer price index climbed more-than-expected by 2.6% on an annual basis in August, compared to … Continue reading

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EUR/USD: German investor confidence sharply picked-up in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1995, after data showed that German investor morale sharply improved in September. Data indicated that Germany’s ZEW economic sentiment index climbed … Continue reading

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