EUR/USD: Euro trading higher, ahead of the German factory orders data

EURUSD Movement On Friday, EUR declined 1.24% against the USD and closed at 1.2513, the Euro-zone’s services PMI fell to 52.4 in September, after registering a reading of 53.1 in the prior month. Elsewhere, the services PMI in Italy registered … Continue reading

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EUR/USD: Euro trading lower ahead of services PMI and retail sales data from the Euro-region

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.2670, after the ECB, in its monetary policy meeting, concluded that it would first see Euro-zone’s economic situation and then only … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.2622, after manufacturing PMI in Germany deteriorated to 49.9 in September, lower than market expectations for a level of 50.3 and … Continue reading

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EUR/USD: Euro extends its losses, ahead of manufacturing PMI data from the Euro-region

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.2630. In economic news, retail sales in Germany, Euro-zone’s biggest economy, registered a rise of 2.5%, on a monthly basis, in … Continue reading

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.2690. On the macro front, consumer prices in Germany came in flat, on a monthly basis, in September, similar to an … Continue reading

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EUR/USD: Euro trading lower ahead of the German CPI data

EURUSD Movement On Friday, EUR declined 0.56% against the USD and closed at 1.2685, after the Gfk consumer confidence in Germany deteriorated for the fifth consecutive month to 8.3 in October, lower than market expectations of a fall to a … Continue reading

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EUR/USD: Euro extends its losses, ahead of the German consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.2757, after the ECB Chief, Mario Draghi, reiterated that the central bank could use additional unconventional measures if the region witnesses … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.2776, after the German IFO business confidence index contracted for the fifth successive month to its lowest level since April 2013 … Continue reading

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EUR/USD: Euro trading higher ahead of the German IFO sentiment indices

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.2847, after the manufacturing PMI in Germany, Euro-zone’s biggest economy dropped to 50.3 in September, marking its lowest level since … Continue reading

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EUR/USD: Euro trading higher ahead of the PMI numbers from the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.2850. In economic news, consumer confidence in the Euro-zone fell for the fourth straight month in September to a level of … Continue reading

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EUR/USD: Euro reverses its losses this morning

EURUSD Movement On Friday, EUR declined 0.63% against the USD and closed at 1.2836. In economic news, the seasonally adjusted current account surplus in the Euro-zone marginally widened to €18.7 billion in July, compared to a revised surplus of 18.6 … Continue reading

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