EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.1190. Yesterday, data showed that Eurozone’s final manufacturing PMI for September stayed unchanged from its earlier estimate at 52.0, on the … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone inflation below zero again

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.73% against the USD and closed at 1.1171, on the back of downbeat economic data across the Euro-zone. Data released showed that the Euro-zone’s slipped back into deflation … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro extends its gains this morning, ahead of series of economic data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.1253. Yesterday, data indicated that flash consumer prices in Germany, Europe’s biggest economy, remained unchanged in September, on an annual basis, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro extends its gains in the Asian session, ahead of the German CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1234, on the back of strong macroeconomic data from Euro-zone’s third-largest economy. Data showed that Italy’s consumer confidence and business confidence … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement On Friday, the EUR rose 0.23% against the USD and closed at 1.1203. In economic news, the Euro-zone’s seasonally adjusted M3 money supply rose 5.0% in the three-month period ended August, lower than market anticipated increase of 5.2% … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1177, following the release of mixed macroeconomic data in Germany. Data released indicated that the German IFO business climate index advanced … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading marginally higher, ahead of the German IFO data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.48% against the USD and closed at 1.1184, after the ECB pushed back expectations of an immediate injection of extra stimulus in the Euro-economy. Yesterday, the ECB President, Mario … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading slightly higher, ahead of series of macroeconomic data from the Euro-zone and its peripheries

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1130, after the Euro-zone’s consumer confidence index deteriorated further in September. Data showed that the Euro-Zone consumer confidence indicator fell to … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading on a stronger footing, ahead of the Euro-zone’s consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.1188, surrendering its earlier session gains. In economic news, the German producer prices retreated more than expected by 0.5% on a … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement On Friday, the EUR declined 1.03% against the USD and closed at 1.1297. On the macro front, the Euro-zone’s seasonally adjusted current account surplus dropped to a level of €22.6 billion in July, after registering a downwardly revised … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: The Fed maintained its monetary policy inatct

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.09% against the USD and closed at 1.1415. In the US, the Fed decided to maintain its benchmark interest rates unchanged at near-zero, but expressed concerns about a … Continue reading

Posted in EUR/USD | Comments Off