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EUR/USD: Euro trading tad higher, ahead of Euro-zone’s flash Q4 GDP data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1013. In economic news, the Euro-zone’s Sentix investor confidence index fell unexpectedly to a level of 5.5 in March, falling for … Continue reading
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EUR/USD: Euro trading lower, ahead of the Euro-zone Sentix investor confidence data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.48% against the USD and closed at 1.1000, after Germany’s Markit construction PMI advanced to a 5-year high level of 59.6 in February, after recording a reading of … Continue reading
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EUR/USD: Euro-zone’s service’s sector activity at 13-month low level
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.0948, following better than expected services PMI data in the Euro-zone and Germany. Data showed that Euro-zone’s final Markit services PMI … Continue reading
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EUR/USD: US Fed’s Beige Book points to continued modest growth
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.0870. In economic news, the Euro-zone’s producer price index fell by 1.0% MoM in January, in line with market expectations and … Continue reading
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EUR/USD: Euro-zone’s unemployment rate surprisingly fell to its lowest level in more than 4 years in January
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0868, following mixed economic data in the Euro-zone. Data showed that Euro-zone’s unemployment rate surprisingly fell to its lowest level since … Continue reading
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EUR/USD: Euro-zone annual inflation fell into negative territory
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.31% against the USD and closed at 1.0883, after Euro-zone’s preliminary consumer prices dropped back into deflation. Data showed that the region’s consumer price index unexpectedly fell by … Continue reading
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EUR/USD: Germany’s annual inflation down to zero in February
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.83% against the USD and closed at 1.0928, after downbeat economic data across the Euro-zone. Data indicated that, the Eurozone’s final consumer confidence index eased to -8.8 in … Continue reading
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EUR/USD: Euro-zone’s inflation fell as expected on a monthly basis in January
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.1020. In economic news, the Euro-zone’s consumer price index fell by 1.4% MoM in January, in line with market expectations, after … Continue reading
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EUR/USD: Euro trading higher, ahead of Euro-zone’s January inflation data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1019. Yesterday, the ECB Governing Council member, Jens Weidmann, warned that adding excessive stimulus and keeping interest rates too low for … Continue reading
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EUR/USD: Germany’s GDP rose as expected in Q4 2015
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1021. In economic news, Germany’s seasonally adjusted final GDP expanded by 0.3% QoQ in 4Q 2015, compared to a similar rise … Continue reading
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EUR/USD: Euro trading higher, ahead of Germany’s Q4 GDP growth data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.84% against the USD and closed at 1.1028, after downbeat manufacturing and services PMI data in the Euro-zone. Data showed that, the Euro-zone’s flash Markit manufacturing PMI fell … Continue reading
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