EUR/USD: Euro-zone’s consumer confidence fell to a 5-year low in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1038. On the macro front, Euro-zone’s final consumer confidence fell to a 5-year low level of -11.60 in March, compared to … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.82% against the USD and closed at 1.1133 on Friday. In the US, personal income rose 0.6% on a monthly basis in February, more than market expectations for … Continue reading

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EUR/USD: Euro-zone’s M3 money supply grew at a faster than expected pace in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.46% against the USD and closed at 1.1042. On the macro front, Euro-zone’s M3 money supply rose to 5.5% on a yearly basis in February, compared to an … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.0883. On the macro front, Germany’s Ifo business expectations decreased to a level of 79.7 in March, as the spread of … Continue reading

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EUR/USD: Euro-zone’s manufacturing and services PMIs dropped in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.0808. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to a 92-month low level of 44.8 in March, less than … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index falls to a 5-year low

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0747. On the macro front, Euro-zone’s consumer confidence dropped to a level of -11.6 in March, hitting its lowest level in … Continue reading

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EUR/USD: Euro-zone’s current account surplus widened less-than-expected in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0664 on Friday. On the macro front, Euro-zone’s seasonally adjusted current account surplus widened to €34.7 billion in January, less than … Continue reading

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EUR/USD: Euro-zone’s construction output climbed more than expected in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.85% against the USD and closed at 1.0668. On the macro front, Euro-zone’s seasonally adjusted construction output rose 3.6% on a monthly basis in January, surpassing market forecast … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed as initially estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.0981. On the macro front, Euro-zone’s seasonally adjusted trade surplus narrowed to €17.3 billion in January, compared to a revised trade … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.32% against the USD and closed at 1.1019. On the macro front, Euro-zone’s ZEW economic sentiment indicator slumped to -49.5 in March, confounding market forecast for a rise … 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 0.60% against the USD and closed at 1.1166. In the US, the NY Empire State manufacturing index unexpectedly dropped to a level of -21.5 in March, confounding market … Continue reading

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