EUR/USD: Euro-zone’s retail sales dipped for the second consecutive month in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.58% against the USD and closed at 1.1484. Macroeconomic news indicated that Euro-zone’s seasonally adjusted retail sales unexpectedly eased 0.2% on a monthly basis in August, declining for … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1551, after an Italian lawmaker, Claudio Borghi, stated that readopting a national currency would resolve the country’s problem. On the data … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s unemployment rate dropped to a 10-year low level in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1577, on Italian budget woes. On the macro front, Euro-zone’s unemployment rate fell to a decade low level of 8.1% in … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s inflation climbed in line with estimates in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1610 on Friday, after the Italian government agreed to set a higher than expected budget deficit target. Data indicated that Euro-zone’s … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s economic sentiment index dropped to a 15-month low level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.98% against the USD and closed at 1.1635, amid renewed worries surrounding Italy’s budget proposal, following reports of delayed Italian budget meet. Data revealed that the Euro-zone’s final … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1750. The US dollar rose against the euro, after the US Federal Reserve (Fed) raised its key interest rate for the … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1767. Macroeconomic data showed that US housing price index climbed 0.2% on a monthly basis in July, falling short of market … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.1750, after the European Central Bank Chief, Mario Draghi stated that he expects “vigorous” pickup in Eurozone’s inflation. On the macro … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing PMI eased to a 2-year low level in September while service sector activity expanded in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1749 on Friday. Macroeconomic news revealed that the Euro-zone’s preliminary manufacturing PMI slid to a two-year low level of 53.3 in … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s consumer confidence eased to a 15-month low level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.93% against the USD and closed at 1.1779. On the data front, Euro-zone’s preliminary consumer confidence index slid to a level of -2.9 in September, marking its lowest … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1670. Macroeconomic data showed that the Euro-zone’s seasonally adjusted construction output rose 0.3% on a monthly basis, in July. In the … Continue reading

Posted in EUR/USD | Comments Off