EUR/USD: Euro-zone’s October unemployment rate dipped to its lowest in nearly 9 years, annual inflation came in weaker-than-expected in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.1897, after robust jobs data in the Euro-zone boosted investor sentiment. The Euro-zone’s unemployment rate surprisingly declined to 8.8% in October, … Continue reading

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EUR/USD: Germany’s annual inflation topped market expectations in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1852, after data showed that inflation in the Euro-zone’s largest economy picked up for first time in three months in November. The flash consumer price … Continue reading

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EUR/USD: OECD boosted Euro-zone’s and global economic growth estimates, urges higher business investment to maintain global growth

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1848. In economic news, Germany’s GfK consumer confidence index remained unchanged at 10.7 in December, in line with market expectations. Meanwhile, … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1900. On the data front, Italy’s consumer confidence index unexpectedly fell to a level of 114.3 in November, defying market expectations … Continue reading

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EUR/USD: German business confidence strengthened to an all-time high in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.1926 on Friday, after recent data showed that German business morale surged to a record high in November. The Ifo business … Continue reading

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EUR/USD: Euro-zone’s manufacturing and services sector activity surged in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1850, after the latest set of economic data suggested that robust economic recovery across the single currency bloc is gathering further … Continue reading

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EUR/USD: Euro-zone’s consumer confidence jumped to its highest since 2001 in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.1821, after a reading on the Euro-zone consumer sentiment came in better-than-expected in November. Data showed that the Euro-zone’s preliminary consumer … Continue reading

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EUR/USD: Euro trading slightly higher, ahead of the Euro-zone’s consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1736. In the US, data indicated that existing home sales climbed more-than-expected by 2.0% on a monthly basis to a level … 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 marginally declined against the USD and closed at 1.1734, pressured by heightened political uncertainty in the Euro-zone’s largest economy. Yesterday, German Chancellor, Angela Merkel stated that she would prefer … Continue reading

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EUR/USD: Angela Merkel fails to form a new coalition government in Germany

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1797 on Friday. On the data front, seasonally adjusted construction output in the Euro-zone climbed 0.1% MoM in September, after recording … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1772. On the macro front, the Euro-zone’s final consumer price index (CPI) climbed 1.4% on an annual basis in October, confirming … Continue reading

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