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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1000 yesterday. In the US, core capital goods orders posted the biggest drop in eight months in December, suggesting business investment … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: German business morale unexpectedly deteriorates in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1020 yesterday, after German business climate index unexpectedly dropped to a level of 95.90 in January, compared with the reading of … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Unexpected decline in regional services growth weakens the Euro

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1000 on Friday, as business activity in the Euro-zone remained unexpectedly weak in the month of January, as a decline in … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1100, after the European Central Bank (ECB) kept its key interest unchanged and launched a strategic review. The ECB, in its … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1095. In the US, data showed that the Chicago Fed National Activity Index declined to a level of -0.35 in December, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading a tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1084. On the data front, Euro-zone’s, ZEW economic sentiment index unexpectedly jumped to a level of 25.6 in January, defying market … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Germany’s producer prices fall at a slower than expected pace in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1094. Data showed that Germany’s producer price index fell 0.2% on a yearly basis in December, less than market expectations for … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s inflation accelerated as estimated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.40% against the USD and closed at 1.1093 on Friday. Data showed that Euro-zone’s consumer price index (CPI) rose 1.3% in December, at par with market expectations and … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Germany’s consumer price index rose as initially estimated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1137. In economic news, Germany’s final consumer price index (CPI) advanced 1.5% on a yearly basis in December, meeting market expectations … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s trade surplus narrowed more-than-estimated in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.1152. On the data front, Euro-zone’s seasonally adjusted trade surplus narrowed to €19.2 billion in November, more than market expectations for … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading slightly higher 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 1.1128. In the US, data showed that the consumer price index (CPI) advanced 2.3% on a yearly basis in December, marking … Continue reading

Posted in EUR/USD | Comments Off