EUR/USD: Euro trading lower ahead of the ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.43% against the USD and closed at 1.0690. In economic news, industrial production in France recorded an unexpected rise of 0.40% in January, compared to market expectations for … 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 marginally higher against the USD and closed at 1.0845.On the macro front, the Euro-zone’s Sentix investor confidence index advanced to its highest level of 18.6 since August 2007 … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s trade balance data

EURUSD Movement On Friday, the EUR declined 1.58% against the USD and closed at 1.0855. In economic news, the Euro-zone’s economy grew 0.3% QoQ in the final quarter of 2014, in line with market expectations and compared to a growth … Continue reading

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EUR/USD: ECB all set to start QE on 9th March, 2015

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.49% against the USD and closed at 1.1029, after the ECB President, Mario Draghi, stated that the central bank will start with the quantitative easing programme from 9 … Continue reading

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EUR/USD: Euro trading lower ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.85% against the USD and closed at 1.1084, following mixed economic data in the Euro-zone and Germany. Data showed that, retail sales in the Euro-Zone climbed 1.1% MoM … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1179, following encouraging German retail sales data. Data revealed that retail sales in Germany jumped 2.9% on a monthly … 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 traded a tad lower against the USD and closed at 1.1180. Losses were kept in check, after unemployment rate in the Euro-zone unexpectedly slid to a 33-month low of … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Markit manufacturing PMI data

EURUSD Movement On Friday, the EUR declined 0.06% against the USD and closed at 1.1188. The preliminary consumer price index in Germany rebounded more than expected by 0.9% MoM in February, against market expectations of 0.6% rise and following a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.49% against the USD and closed at 1.1195. In economic news, Germany’s seasonally adjusted unemployment rate remained unchanged at 6.5% in February, at par with market expectations. Meanwhile, … Continue reading

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EUR/USD: Euro trading marginally higher ahead of Germany’s jobless rate data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.1364. Yesterday, the ECB President, Mario Draghi, in his testimony to the European Parliament in Brussels, stated that the central bank … Continue reading

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EUR/USD: Euro trading higher ahead of the ECB Chief Mario Draghi’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1339, following upbeat GDP data in Germany. Data indicated that Germany’s GDP expanded 0.7% on a quarterly basis in … Continue reading

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