EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.08% against the USD and closed at 1.1366, after the ECB announced its highly-anticipated decision to implement quantitative easing. Yesterday, the ECB Chief, Mario Draghi, stated that the … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1590. In the US, building permits unexpectedly retreated 1.9% on a MoM basis in December, compared to previous month’s revised 3.7% … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1556. Losses were kept in check after Germany’s economic sentiment index rose to an11-month high reading of 48.4 in January, compared … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.1606. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed to €18.1 billion in November. The region had … Continue reading →

EURUSD Movement On Friday, the EUR declined 0.39% against the USD and closed at 1.1588, following downbeat inflation data in the common-currency region. Consumer prices in the Euro-zone retreated 0.2% on a YoY basis in December, compared to an increase … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.32% against the USD and closed at 1.1633. Yesterday, data showed that Germany’s non-seasonally adjusted GDP climbed 1.5% on a YoY basis, meeting market expectations. The nation’s GDP … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1789. Yesterday, the European Court of Justice (ECJ) ruled that the ECB’s bond buying programme was legitimate, once certain conditions were … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1777. Yesterday, data showed that the wholesale price index in Germany recorded a drop of 1.0% on a MoM basis in … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1830. In economic news, the French business sentiment index dropped unexpectedly to 96.0 in December compared to market expectations of a … Continue reading →

EURUSD Movement On Friday, the EUR rose 0.44% against the USD and closed at 1.1841. In economic news, industrial production in Germany surprisingly slid 0.1% on a MoM basis in November compared to a revised advance of 0.6% in the … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1789, following downbeat economic releases in the Euro-zone as well as Germany. The Euro came under pressure after German factory orders … Continue reading →