EUR/USD: Euro trading lower ahead of the Euro-zone’s manufacturing PMI data

EURUSD Movement On Friday, the EUR rose 0.45% against the USD and closed at 1.0983. In economic news, the Euro-zone’s CPI estimate rose 0.2% YoY in July, at par with market expectations. Meanwhile, the region’s unemployment rate unexpectedly remained unchanged … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s CPI

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0933. The greenback traded on a stronger footing, as the US economy picked up steam in the second quarter, after the … Continue reading

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EUR/USD: Euro trading lower ahead of crucial economic data from Germany

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.70% against the USD and closed at 1.0986. In economic news, Germany’s GfK consumer confidence index remained flat at a level of 10.10 in August, at par with … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s GfK consumer confidence survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1064. In the US, the consumer confidence index unexpectedly plunged to 90.9 and notched its lowest level since September 2014 in … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.02% against the USD and closed at 1.1086, following the release of upbeat German Ifo data. Data showed that Germany’s IFO business climate index improved more than expected … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s IFO economic survey

EURUSD Movement On Friday, the EUR declined 0.06% against the USD and closed at 1.0978, after the release of the manufacturing and services PMI data across the Euro-zone. Data released showed that Germany’s flash manufacturing PMI unexpectedly dropped to a … Continue reading

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EUR/USD: Euro trading lower ahead of economic data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.0985. In economic news, the Euro-zone’s consumer confidence weakened to -7.1 in July, from -5.6 in June, indicating that the threat … Continue reading

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EUR/USD: The Greek Parliament approved crucial bailout reforms

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.0927. Yesterday, the Greek lawmakers approved second set of crucial reforms to secure and begin the €86 billion European Union bailout. … Continue reading

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EUR/USD: Greek Parliament prepares to vote for second set of reforms

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.95% against the USD and closed at 1.0938, with Greece preparing to vote on a second batch of reforms to open talks on a new bailout deal. In … Continue reading

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EUR/USD: Greece no longer in default, mentioned the IMF

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.0835. Yesterday, the IMF announced that the Greek government repaid them €2.05 billion overdue debt and is no longer in … Continue reading

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

EURUSD Movement On Friday, the EUR declined 0.33% against the USD and closed at 1.0844. In economic news, the seasonally adjusted construction output in the Euro-zone rebounded 0.3% on a monthly basis in May. It followed a 0.2% drop in … Continue reading

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