EUR/USD: ECB commences purchasing covered bonds

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.6158. In economic news, producer prices in Germany stagnated on a monthly basis in September, following a decline of 0.1% recorded … Continue reading

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

EURUSD Movement On Friday, EUR declined 0.37% against the USD and closed at 1.2762. The ECB Governing Council Member, Ewald Nowotny opined that the recent fall witnessed in the common currency was fuelling growth in the region. He further added … 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 declined 0.07% against the USD and closed at 1.2810. In economic news, the Euro-zone’s consumer price index (CPI) rose 0.4% on a MoM basis in September, at par with … Continue reading

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EUR/USD: Euro extends its gains, ahead of the Euro-zone CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.38% against the USD and closed at 1.2819. On the macro front, Germany’s final consumer price index (CPI) advanced 0.8% on an annual basis in September, at par … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.2645, after Germany’s ZEW indicator of economic sentiment declined for the 10th consecutive month to a reading of -3.6 in October, … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.6073. On the macro front, the wholesale price index (WPI) in Germany rose 0.1% on a monthly basis in September, at … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement On Friday, EUR declined 0.56% against the USD and closed at 1.2613, extending its previous session losses. On the macro front, manufacturing production in France unexpectedly registered a drop of 0.2% on a monthly basis in August, compared … 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 1.2684, after German exports tumbled 5.8% on a monthly basis in August, marking its biggest decline since January 2009 and higher … 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 0.49% against the USD and closed at 1.2732, continuing its previous session gains. In economic news, the French business sentiment index unexpectedly fell to a level of 96.0 … Continue reading

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EUR/USD: Euro trading on a lower footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.2670, extending its previous session gains. In economic news, the seasonally adjusted German industrial output fell 4.0% on a monthly basis … 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 1.12% against the USD and closed at 1.2652. On the macro front, the Sentix consumer confidence in the Euro-zone eased for the third consecutive month in October to … Continue reading

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