EUR/USD: European monetary stimulus will continue till it is required, mentioned the ECB Chief

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1403, after the ECB Chief, Mario Draghi mentioned that the economic stimulus program was working and the central bank will continue … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.20% against the USD and closed at 1.1351, after the preliminary estimate of the Euro-zone’s GDP growth accelerated in Q1 2015. Yesterday’s data showed that the Euro-zone’s seasonally … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s Q1 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1217. Yesterday, the EU Economic and Financial Affairs Council stated that economic outlook of Europe was improving, however none of 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 0.43% against the USD and closed at 1.1150. Yesterday, Greece confirmed that it will repay its €750 million loan instalment to the IMF, following a Euro-Group meeting in … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement On Friday, the EUR declined 0.30% against the USD and closed at 1.1205. In economic news, the seasonally adjusted industrial production in Germany unexpectedly fell 0.5% MoM in March, compared to an increase of 0.2% registered in the … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.1239. In economic news, German factory orders rose 0.9% on a monthly basis in March, following two successive months of decline … Continue reading

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EUR/USD: Euro trading flat ahead of Germany’s construction PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.46% against the USD and closed at 1.1343, after the final estimate of the Euro-zone’s services PMI rose more than expected in April. Yesterday, the Euro-zone’s services PMI … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s retail sales data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1179, on the back of upbeat assessment of the European economy by the European Commission. Yesterday, the European Commission (EC) reported … Continue reading

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EUR/USD: Euro trading lower ahead of the European Commission economic growth forecast

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1146. In economic news, the final manufacturing PMI in Germany fell to 52.10 in April, compared to a 11-month high reading … Continue reading

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EUR/USD: Euro reverses its gains this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1213 as deflation fears retreated in the euro region after Euro-zone’s preliminary consumer price index remained flat YoY in April, compared … Continue reading

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EUR/USD: Euro trading a tad lower ahead of the Euro-zone’s inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.31% against the USD and closed at 1.1117, after the preliminary estimate of consumer price inflation edged up in Germany on an annual basis in April. Data showed … Continue reading

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