EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.0967, on the back of stronger than expected IFO data in Germany. Yesterday, data showed that Germany’s IFO business climate index … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0913. On the macro front, Euro-zone’s preliminary manufacturing PMI climbed to 51.90 in March, compared to a level of 51.00 in … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.0963. In economic news, the preliminary consumer confidence index in the Euro-zone improved to -3.70 in March, compared to a reading … Continue reading →

EURUSD Movement On Friday, the EUR rose 1.32% against the USD and closed at 1.0809. In economic news, the producer price index in Germany recorded a rise of 0.10% MoM in February, less than market expectations for a rise of … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.51% against the USD and closed at 1.0668, reversing its previous session gains. In the US, number of people claiming unemployment benefits for the first time rose less … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 2.25% against the USD and closed at 1.0832. The greenback lost ground, after the Fed lowered the US economic and inflation outlook for this year and remained dovish … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.0593, on the back of positive economic data in the Euro-zone and Germany. Data showed that Germany’s ZEW economic sentiment index … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.0571. Yesterday, the ECB announced that it has spent €9.75 billion buying government bonds, in the first week of its programme … Continue reading →

EURUSD Movement On Friday, the EUR declined 1.35% against the USD and closed at 1.0483. In economic news, Germany’s wholesale price index rebounded 0.5% MoM in February, following a drop of 0.4% in January. In the US, the Michigan preliminary … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.71% against the USD and closed at 1.0626, on the back of positive CPI data in Germany. Data showed that consumer prices in Germany rose 0.9% on a … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.30% against the USD and closed at 1.0551. Yesterday, the ECB President, Mario Draghi remained optimistic about the economic revival in the Euro-economy and backed the central bank’s … Continue reading →