EUR/USD: Germany’s factory orders surprisingly declined in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1367. In economic news, Germany’s factory orders unexpectedly dropped 1.6% on a monthly basis in December, signalling further signs of economic … Continue reading

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EUR/USD: Euro-zone’s retail sales declined to its lowest level in seven-and-a-half years in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1406. On the macro front, the Euro-zone’s final services PMI remained unchanged at a level of 51.2 in January, notching its … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index declined to a 4-year low level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1435. On the data front, the Euro-zone’s Sentix investor confidence index dropped to a level of -3.7 in February, marking its … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI hits a 50-month low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1460 on Friday. On the macro front, Euro-zone’s final Markit manufacturing PMI declined in line with market expectations to a level … Continue reading

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EUR/USD: Euro-zone’s economy expanded at its weakest pace since 2014 in 4Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1447. On the macro front, the Euro-zone’s seasonally adjusted preliminary gross domestic product (GDP) expanded at its slowest pace since 2014 … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1484. Data indicated that the Euro-zone’s final consumer confidence index climbed to a level of -7.9 in January, in line with … 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 rose 0.07% against the USD and closed at 1.1435. In the US, data indicated that the US CB consumer confidence index declined to a level of 120.2 in January, … Continue reading

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EUR/USD: Euro-zone’s M3 money supply advanced more-than-estimated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1427. On the macro front, the Euro-zone’s M3 money supply climbed 4.1% on a yearly basis in December, higher than market … Continue reading

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EUR/USD: Germany’s Ifo business climate index dropped to a three-year low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.96% against the USD and closed at 1.1410 on Friday. On the data front, Germany’s Ifo business climate index declined to a level of 99.1 in January, falling … Continue reading

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EUR/USD: ECB Chief Mario Draghi warns of downside risks to the euro area

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.72% against the USD and closed at 1.1301, after the European Central Bank’s (ECB) Chief, Mario Draghi warned of downside risks to the Euro-zone’s economy and cautioned that … Continue reading

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EUR/USD: Euro-zone’s consumer sentiment improved in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1383. On the data front, Euro-zone’s flash consumer confidence index rose to a level of -7.9 in January, compared to a … Continue reading

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