EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.0993, after the Euro-zone’s unemployment rate dropped unexpectedly to a four-year low. Data revealed that Euro-zone’s unemployment rate dropped to a … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.53% against the USD and closed at 1.0985. Macroeconomic data showed that Germany’s unemployment rate remained unchanged at 6.4% in October, as expected. Additionally, the nation’s consumer price … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.00% against the USD and closed at 1.0927, after Germany’s GfK consumer confidence index weakened in November. Data showed that Germany’s Gfk consumer confidence index dropped 0.2 points … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1038. Yesterday, the ECB’s Governing Council member, Ewald Nowotny, stated that monetary policy alone can’t combat deflation and that active fiscal … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.1057. In economic news, Germany’s IFO expectations index unexpectedly advanced to a level of 103.8 in October, from a reading of … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.1013 extending its previous session losses. Macroeconomic data showed that the Euro-zone’s preliminary Markit manufacturing PMI remained flat at a level … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.11% against the USD and closed at 1.1103, after the ECB President, Mario Draghi’s comments suggested that the central bank could expand its bond-buying program. Yesterday, the ECB … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1342. In the US, mortgage applications rose sharply last week. Data revealed that MBA mortgage applications advanced 11.8% in the week … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1352. Macroeconomic data showed that the producer price index in Germany, Euro-zone’s largest economy, dropped more-than-expected by 0.4% MoM in September, … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1329. In economic news, Euro-zone’s adjusted construction output fell 0.2% MoM in August, compared to an upwardly revised rise of 0.4% … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1356. Macroeconomic data released showed that Euro-zone’s consumer price inflation rose 0.2% MoM in September, as expected, compared to a flat … Continue reading →