EUR/USD: Euro trading tad lower, ahead of Germany’s factory orders data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.98% against the USD and closed at 1.1203, after the ECB President, Mario Draghi, stated that the central bank is not ready to give up against low inflation … Continue reading

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EUR/USD: Euro trading tad lower, ahead of Germany’s construction PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.58% against the USD and closed at 1.1095. In economic news, the final print of the Euro-zone’s final Markit services PMI remained steady at 53.6 in January, in … Continue reading

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EUR/USD: Euro trading on a stronger footing, ahead of final Markit services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.0923, after the release of upbeat employment data in the Euro-zone. Data showed that Euro-zone’s unemployment rate surprisingly fell to 10.4% … Continue reading

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EUR/USD: Euro trading higher, ahead of unemployment rate data across Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.0888, after Germany’s final Markit manufacturing PMI rose more-than-expected to a level of 52.3 in January, while markets expected it to … Continue reading

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EUR/USD: Euro trading higher, ahead of the release of final Markit manufacturing PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.91% against the USD and closed at 1.0840, after Germany’s retail sales ended 2015 on a weak note Data showed that German retail sales unexpectedly declined by 0.2% … Continue reading

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EUR/USD: Euro trading lower, ahead of Euro-zone’s flash annual consumer price index

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.0940. Gains in the common-currency were kept in check, after Germany’s flash consumer price index fell 0.8% MoM in January, at … Continue reading

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EUR/USD: Euro trading tad lower, ahead of Germany’s flash consumer price index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.0899. In economic news, Germany’s GfK consumer confidence index remained steady at 9.4 points in February. The greenback lost ground after … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0867. In the US, the consumer confidence index surprisingly rose to a 4-month high level, after it advanced to a level … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.0852. In economic news, Germany’s IFO business climate data declined more than expected to a level of 107.3 in January, suggesting … Continue reading

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EUR/USD: Euro trading tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.58% against the USD and closed at 1.0808, on the back of downbeat economic data across the Euro-zone. Data showed that Euro-zone’s flash Markit manufacturing PMI advanced less … Continue reading

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EUR/USD: ECB held benchmark interest rate at 0.05%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0871. Yesterday, the ECB held key interest rate at 0.05% but the ECB President, Mario Draghi, warned that the downside risks … Continue reading

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