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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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EUR/USD: Euro trading higher ahead of the Euro-zone CPI data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1246, following Germany’s dismal ZEW survey data. Data released showed that Germany’s ZEW economic sentiment index slipped to a 7-month low … Continue reading
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EUR/USD: Euro trading marginally lower ahead of Germany’s ZEW survey data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1277. In economic news, the Euro-zone’s trade surplus unexpectedly widened to €24.9 billion in April, compared to prior month’s level of … Continue reading
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EUR/USD: Euro trading lower ahead of the speech from the ECB Chief
EURUSD Movement On Friday, the EUR rose 0.10% against the USD and closed at 1.1253. In economic news, industrial production in the Euro-zone rose 0.1% on a seasonally adjusted monthly basis in April, lower than market expectations for an advance … Continue reading
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EUR/USD: Euro trading higher ahead of the Euro-zone’s industrial production data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.67% against the USD and closed at 1.1241, as uncertainty continued regarding Greece’s debt woes. The greenback gained ground, after the US retail sales rose in May, indicating … Continue reading
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EUR/USD: Euro trading lower ahead of the Euro-zone’s industrial production data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1317, as concerns about the Greek debt negotiations reduced as Germany is reportedly considering to make an aid offer to the … Continue reading
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EUR/USD: Euro trading higher in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1276, as uncertainty regarding Greek debt woes continued. Yesterday, the preliminary estimate showed that Euro-zone’s economy grew 0.4% QoQ in the … Continue reading
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EUR/USD: Euro trading higher ahead of the Euro-zone’s Q1 GDP data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.59% against the USD and closed at 1.1284, as Germany’s industrial production data surpassed market expectations. Data released indicated that industrial production in Germany rebounded 0.90% on a … Continue reading
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EUR/USD: Euro trading lower in the Asian session
EURUSD Movement On Friday, the EUR declined 0.66% against the USD and closed at 1.1116. In economic news, German factory orders jumped 1.4% MoM in April, beating market expectations for a 0.5% rise and following an increase of 1.1% registered … Continue reading
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EUR/USD: Euro trading higher in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.1189, after Greece postponed its debt repayment of €300 million to the IMF, due on 05 June. It also announced that … Continue reading
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EUR/USD: The ECB keeps its interest rates unchanged, revises 2015 inflation expectations
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1269, following an optimistic speech from the ECB Chief, Mario Draghi. Yesterday, the ECB President stated that the central bank’s €1.1 … Continue reading
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EUR/USD: Euro trading a tad higher ahead of the ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 2.08% against the USD and closed at 1.1156, after the Euro-zone’s consumer price index estimate surprised on the upside on an annual basis in May, following five months … Continue reading
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