EUR/USD: Euro trading lower, ahead of the Markit services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1500. In economic news, the Euro-zone’s producer price index (PPI) rose more-than-expected by 0.3% MoM in March, compared to market expectations … 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 0.62% against the USD and closed at 1.1527. In economic news, the Euro-zone’s final Markit manufacturing PMI unexpectedly rose to a level of 51.7 in April, compared to … Continue reading

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s flash consumer price index data for April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1353. In economic news, Germany’s seasonally adjusted unemployment rate held steady at an all-time low level of 6.2% in April, in … Continue reading

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EUR/USD: Euro trading lower, ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1327, after a forward looking indicator in the Euro zone’s largest economy improved substantially in May, indicating that the European Central … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1298. In economic news, Italy’s non-EU trade surplus rose to a level of €4.0 billion in March, following a revised trade … 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 0.30% against the USD and closed at 1.1265. In economic news, Germany’s Ifo business climate index surprisingly declined to a level of 106.6 in April, in a latest … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s IFO survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.58% against the USD and closed at 1.1226, following the release of downbeat PMI data in the Euro-zone, underlining concerns over the health of the region’s economy. Data … Continue reading

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EUR/USD: Euro trading higher, ahead of the flash Markit manufacturing and services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1292, after the European Central Bank (ECB) President, Mario Draghi, pledged to increase stimulus measures further, if necessary. Yesterday, the ECB … Continue reading

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EUR/USD: Euro trading tad lower, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1300, after, Germany’s producer price index remained flat on a monthly basis in March, its steepest decline since January 2010, compared … Continue reading

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EUR/USD: Euro trading on a stronger footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1355. In economic news, the Euro-zone’s ZEW economic sentiment index advanced to a level of 21.5 in April, following a reading … Continue reading

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EUR/USD: Euro trading slightly lower, ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1411. In economic news, Italy’s seasonally adjusted industrial production declined less-than-expected by 0.6% MoM in February, compared to a revised rise … Continue reading

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