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

EURUSD Movement On Friday, the EUR declined 1.38% against the USD and closed at 1.1318. The USD traded on a stronger footing, after the US non-farm payrolls advanced by 257.00 K in January, compared to a revised gain of 329.00 … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.23% against the USD and closed at 1.1477, on the back of stronger than expected factory orders data in Germany, coupled with the European Commission’s upbeat assessment about … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 117.27. Losses were kept in check, following better than expected services PMI data from the Euro-zone and Germany. In the Euro-zone, … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.1469. In economic news, the Euro-zone’s producer price index fell 1.0% on a MoM basis in December, compared to a drop … 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 0.24% against the USD and closed at 1.1337. In economic news, Germany’s final Markit manufacturing PMI unexpectedly recorded a drop to 50.9 in January, compared to a level … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s manufacturing PMI data

EURUSD Movement On Friday, the EUR declined 0.31% against the USD and closed at 1.1293, following downbeat inflation data in the Euro-zone. The Euro-zone’s CPI fell more than expected 0.6% on a YoY basis in January, against market expectations for … Continue reading

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EUR/USD: Euro trading marginally lower ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1328, after Germany’s unemployment rate in January fell to its lowest rate since the nation’s reunification in 1990. Yesterday, data showed … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.1279. The greenback traded on a stronger footing after the Fed in its first monetary policy meeting of 2015 expressed optimism … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Gfk consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.19% against the USD and closed at 1.1371. The greenback traded on a weaker footing, after durable goods orders unexpectedly tumbled 3.4% in December, registering its worst drop … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.1237, following positive IFO economic indicators data in Germany. Yesterday’s data showed that Germany’s IFO business climate index rose to a … Continue reading

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

EURUSD Movement On Friday, the EUR declined 1.07% against the USD and closed at 1.1245. In economic news, the Euro-zone’s preliminary manufacturing PMI climbed to 51.0 in January, compared to a level of 50.60 in the previous month, while the … Continue reading

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