EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.0624, following the release of upbeat Eurozone economic data. German unemployment rate unexpectedly dropped to 6.3%, in November, its lowest level … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.0570. In economic news, German retail sales unexpectedly declined 0.4% MoM in October, against investor expectations for a rise of 0.4%, … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.0600. In economic news, Euro-zone’s consumer confidence index rose unexpectedly to a level of -5.9 in November, compared to market expectations … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0606 as traders continued to speculate of further monetary easing by the ECB. In economic news, Euro-zone’s private sector loans advanced … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.0621, languishing at a 7-month low level as traders speculated that the ECB would opt for fresh stimulus measures. Yesterday, the … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0645, after Germany’s GDP advanced as expected in 3Q 2015. Data showed that the final German GDP rose in line with … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.0633. Macroeconomic data showed that Eurozone’s preliminary Markit manufacturing PMI surprisingly rose to a level of 52.8 in November, registering its … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.80% against the USD and closed at 1.0646, following dovish comments by the ECB President, Mario Draghi. The ECB Chief reiterated that the central bank will not hesitate … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.0732. Yesterday, the ECB in its accounts of the late October meeting, indicated that the central bank officials were concerned that … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.0662. In economic news, Euro-zone’s construction output declined 0.4% MoM in September, after recording a revised 0.5% rise in the previous … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.0642, after the ECB’s Executive Board member, Peter Praet, indicated that the central bank is likely to undertake further monetary easing … Continue reading →