EUR/USD: Euro-zone’s economic confidence rose to a nine-month high in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.10% against the USD and closed at 1.1002. On the data front, Euro-zone’s consumer confidence rose to -6.6 in February, in line with market expectations and compared to … 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 marginally rose against the USD and closed at 1.0882. In the US, In January, new home sales climbed 7.9% to a level of 764.00K on a monthly basis in … Continue reading

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EUR/USD: Germany’s fourth quarter economic growth stagnated as initially estimated

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.0880. Data showed Germany’s gross domestic product remained flat on a quarterly basis in 4Q19, confirming the preliminary print and compared … Continue reading

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EUR/USD: German business confidence improves in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.0853. On the data front, Germany’s Ifo business expectations index unexpectedly rose to a level of 93.4 in February, compared to … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI rose to a 12-month high in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.0856 on Friday. On the macro front, the Euro-zone’s Markit manufacturing PMI unexpectedly climbed to 49.1 in January, notching its highest … Continue reading

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EUR/USD: Euro-zone’s consumer confidence improved in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.0786. Data showed that Euro-zone’s flash consumer confidence index unexpectedly rose to a level of -6.6 in February, compared to a … Continue reading

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EUR/USD: Eurozone construction output declined in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.0808. Data showed that Euro-zone’s seasonally adjusted current account surplus widened to €32.6 billion in December, undershooting market expectations for a … Continue reading

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EUR/USD: German investor confidence sharply deteriorates in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0794, after the ZEW survey showed a slump in confidence among German investors. Data indicated that Germany’s ZEW economic sentiment indicator … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0836. In the Asian session, at GMT0400, the pair is trading at 1.0833, with the EUR trading slightly lower against the … Continue reading

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EUR/USD: Euro-zone’s economic growth hits a 7-year low, German economy stagnates

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0839 on Friday. Data showed that Euro-zone’s gross domestic product (GDP) grew 0.1% on a quarterly basis in 4Q19, registering its … Continue reading

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EUR/USD: Germany’s inflation hits a six-month high in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.0840. On the macro front, Germany’s consumer price index (CPI) climbed 1.7% on a yearly basis in January, hitting its highest … Continue reading

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