EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.3361, after Moody’s warned that France is likely to miss its fiscal targets in 2014 and 2015 because of significant growth … Continue reading →

EURUSD Movement On Friday, EUR rose 0.20% against the USD and closed at 1.3390. The greenback lost ground after the consumer sentiment in the US unexpectedly fell to 9-month low in August. The Michigan Consumer Sentiment Index in the US … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3363, following disappointing economic data from the Eurozone, with both Germany and France reporting worse than expected GDP growth. The German … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3365, following uninspiring data from the Eurozone. Industrial production in the region unexpectedly fell in June and added to disappointment surrounding … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.3369, following downbeat readings on investor sentiment in the Euro-zone and Germany. The common currency also came under pressure as the … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.3384. Yesterday, the Fed’s VC Stanley Fischer stated that the global economic recovery has been disappointing and the long-run annual growth … Continue reading →

EURUSD Movement On Friday, EUR rose 0.34% against the USD and closed at 1.3406. In economic news, Germany, Euro-zone’s biggest economy, registered a decline in its trade surplus. The seasonally adjusted trade surplus in Germany narrowed to €16.2 billion in … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.3361, as European Central Bank (ECB) President, Mario Draghi, cautioned that the sanctions war against Russia could worsen the economic outlook … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.3383. In economic news, in Germany, Eurozone’s biggest economy, factory orders plunged at their fastest rate in nearly three years in … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.3369, as the service sector expanded at a rate lesser-than-initially estimated to 54.2 in July compared to a market estimate of … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3421. The Sentix index of investor confidence fell sharply to 2.7 in August, the lowest level in 12 months, highlighting that … Continue reading →