EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.2553. In economic news, the European Commission (EC) in its economic forecast downgraded the Euro-zone’s economic growth projections to 0.8% and … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.2492, after manufacturing activity in Germany, the Euro-zone’s biggest economy expanded less than expected to 51.4 in October, against market expectations … Continue reading →

EURUSD Movement On Friday, EUR declined 0.59% against the USD and closed at 1.2533, after Germany’s retail sales fell 3.2% on a monthly basis in September, registering its biggest fall in almost 7 years, higher than market expected drop of … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2608, after Germany’s CPI eased 0.3% on a monthly basis in October, higher than market expected drop of 0.1%. The index … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.2638. The US Dollar traded higher after the Fed at its monthly monetary policy meeting agreed to end its asset-buying program … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.2736. The greenback lost ground after durable goods orders data in the US surprisingly dropped 1.3% in September, decreasing for second … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.2696. Yesterday, the ECB reported that it purchased €1.7 billion worth of covered bonds last week, in its effort to revive … Continue reading →

EURUSD Movement On Friday, EUR rose 0.15% against the USD and closed at 1.2668, after Germany’s GfK consumer confidence index unexpectedly climbed to a level of 8.5 in November, compared to a revised level of 8.4 registered in the previous … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally higher against the USD and closed at 1.2649, following upbeat services and manufacturing PMI data from the Euro-zone, thus reducing fears over the region’s growth outlook. Manufacturing … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.2646, extending its previous session losses. The greenback traded on a stronger footing after the US consumer prices surprisingly advanced 0.1% … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.63% against the USD and closed at 1.2712, reversing its previous session gains, as reports emerged that the ECB was planning to expand its asset purchase programme by … Continue reading →