EUR/USD: Euro trading lower ahead of Germany’s 4Q GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.1334, following disappointing IFO economic data in Germany. Data showed that Germany’s IFO business expectations index unexpectedly fell to a level … Continue reading

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

EURUSD Movement On Friday, the EUR rose 0.32% against the USD and closed at 1.1401, following mixed services and manufacturing PMI data in the Euro-zone and Germany. Data showed that, Germany’s preliminary Markit services PMI climbed more than expected to … Continue reading

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EUR/USD: Euro trading marginally higher ahead of the services and manufacturing PMI data from the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.1365. In economic news, consumer confidence index in the Euro-zone improved to a level of -6.70 in February, compared to a … Continue reading

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EUR/USD: Euro reverses its losses this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1402. Yesterday, the ECB agreed to raise the emergency funds available to Greek banks by €3.3 billion to €68.3 billion, as … 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 0.58% against the USD and closed at 1.1410, following positive ZEW economic survey data in the Euro-zone and Germany. Data showed that Germany’s ZEW economic sentiment index jumped … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s ZEW economic sentiment data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1345 after crisis between Greece and its Euro-zone creditors escalated, raising concerns that the debt-stricken nation is inching closer towards an … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement On Friday, the EUR declined 0.12% against the USD and closed at 1.1389, as investors shrugged off better than expected GDP data in the Euro-zone and Germany, its biggest economy. The preliminary GDP in Germany rose 0.70% QoQ … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s Q4 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.1402, following the peace deal between Ukraine and Russia and as investors shrugged off dismal economic data from the Euro-zone and … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.1327. Yesterday, negotiations between the Euro-zone and Greece Finance ministers failed to reach any agreement on extending the bailout plan for … Continue reading

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EUR/USD: Euro trading marginally higher ahead of the Euro-zone’s Finance ministers meeting on Greece

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1318, amid uncertainty surrounding Greece exiting the Euro-zone. In economic news, industrial production in France dropped 0.10% on a YoY basis … 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 rose 0.14% against the USD and closed at 1.1326, following encouraging economic releases from Germany. Data revealed that Germany’s trade surplus unexpectedly increased to its highest level of €19.1 … Continue reading

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