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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.2545, after the Euro-zone’s seasonally adjusted current account surplus widened to €31.0 billion in September, following a surplus of €17.4 billion. … Continue reading

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EUR/USD: Euro reverses its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.2532, after the ZEW reported upbeat economic sentiment data registered by the Euro-zone and Germany. The ZEW’s index of German economic … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.2450, after the ECB President, Mario Draghi, in his testimony before the European Union’s Parliament, reinforced the central bank’s commitment of … Continue reading

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

EURUSD Movement On Friday, EUR rose 0.39% against the USD and closed at 1.2524, after the Euro-zone and its peripheries registered positive Q3 GDP data. The Euro-zone’s quarterly GDP grew 0.2% in 3Q 2014, higher than market expectations for a … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s Q3 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2475. In economic news, monthly consumer prices in Germany, registered a drop of 0.3% in October, registering a 4th consecutive month … Continue reading

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EUR/USD: Euro reverses its losses ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.2432, after the ECB Chief, Mario Draghi stated that the central bank stands ready to take further unconventional policy actions, if … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.2474, rebounding from its earlier session losses. In the US, the NFIB small business optimism index rose to a level of … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.2424. In economic news, the ECB announced that it slowed down its purchase of covered-bonds to €2.629 billion of assets in … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement On Friday, EUR rose 0.51% against the USD and closed at 1.2443. The greenback lost ground after the US non-farm pay rolls data rose by 214.0 K in October, lower than market expectations to add 235.0 K non-farm … Continue reading

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EUR/USD: The ECB ready to pump in more stimulus if required, said the central bank Chief

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.2380, after the ECB remained more dovish in its monthly monetary policy meeting. Yesterday, the ECB Chief, Mario Draghi indicated that … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.62% against the USD and closed at 1.2475, as the Euro-zone as well Germany, its biggest economy registered disappointing services PMI figures in October. Germany’s services PMI expanded … Continue reading

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