EUR/USD: Euro trading lower ahead of the Euro-zone’s producer price index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.1298, as the Euro-zone’s unemployment rate slipped to its lowest level in three years in July. Data showed that the jobless … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1220, after preliminary consumer prices in Germany rose more than expected 0.2% YoY in August. Eurozone’s business climate indicator and the … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.80% against the USD and closed at 1.1243. The greenback gained ground after the second estimate of US annualized GDP rose 3.70% QoQ in 2Q 2015, more than … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.80% against the USD and closed at 1.1243. The greenback gained ground after the second estimate of US annualized GDP rose 3.70% QoQ in 2Q 2015, more than … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.69% against the USD and closed at 1.1334. ECB’s chief economist and executive board member, Peter Praet, cautioned that drop in commodity prices and slowdown in Chinese economy … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.1529. The greenback soared after August’s consumer confidence in the US rose to its second highest level since the end of … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro reverses its gains, ahead of German Q2 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.78% against the USD and closed at 1.1595. In the US, the national activity index from the Chicago Fed swung back into positive territory to 0.34 in July, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement On Friday, the EUR rose 1.25% against the USD and closed at 1.1370, after Euro-zone’s consumer confidence slightly improved in August, its first increase in five months. Compared to a reading of -7.10 in July, the preliminary consumer … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro extends its gains this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.98% against the USD and closed at 1.1230. In a notable development, Greek PM Tsipras resigned and called for early election in September. In economic news, Germany’s producer … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.85% against the USD and closed at 1.1121, after the current account surplus for Italy and Eurozone widened in June. The greenback weakened after the consumer prices rose … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.1028, extending its previous session losses. In the US, building permits dipped more than expected on a monthly basis in July, … Continue reading

Posted in EUR/USD | Comments Off