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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.67% against the USD and closed at 1.1103 on Friday. On the data front, Germany’s consumer price index rose 0.4% on a monthly basis in February, in line … Continue reading

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EUR/USD: Eurozone’s industrial production rebounds in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.69% against the USD and closed at 1.1178. On the data front, Euro-zone’s industrial production rose 2.3% on a monthly basis in January, registering its first increase since … 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 0.46% against the USD and closed at 1.1256. In US, the consumer price index rose 2.3% on an annual basis in February, beating market expectations for a rise … Continue reading

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EUR/USD: Euro-zone’s economic growth slowed as initially estimated in 4Q 2019

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.04% against the USD and closed at 1.1308. On the macro front, Euro-zone’s gross domestic product (GDP) rose 0.1% on a quarterly basis in the fourth quarter of … Continue reading

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EUR/USD: Euro-zone’s investor confidence index drops on fears of recession

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1427. On the data front, Euro-zone’s Sentix investor confidence index fell to -17.1 in March, marking its lowest level since April … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.77% against the USD and closed at 1.1318 on Friday. On the macro front, Germany’s factory orders advanced 5.5% on a monthly basis in January, on robust foreign … 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 0.86% against the USD and closed at 1.1231. In the US, seasonally adjusted initial jobless claims dropped to a level of 216.0K on a weekly basis in the … Continue reading

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EUR/USD: Euro-zone’s retail sales rebounded in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1135. Data showed that Euro-zone’s services PMI rose to 52.6 in February, compared to 52.5 in the previous month. The preliminary … Continue reading

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EUR/USD: Euro-zone’s inflation slowed to a three-month low in February,

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1174, after the US Federal Reserve (Fed) cut interest rates in an effort to contain the impact of the coronavirus outbreak. … Continue reading

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EUR/USD: Euro-zone’s manufacturing activity contracts at its slowest pace in a year in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.77% against the USD and closed at 1.1143. On the macro front, Euro-zone’s Markit manufacturing PMI rose to a level of 49.2 in February, marking its highest level … Continue reading

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EUR/USD: Germany’s inflation remained steady in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1029 on Friday. On the data front, Germany’s unemployment rate remained unchanged at 5.0% in February, in line with market expectations. … Continue reading

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