EUR/USD: Euro trading marginally lower against the greenback, ahead of the conclusion of the Fed’s policy meeting

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.3548. The greenback advanced on the back of upbeat US consumer inflation data. Official data showed that annual consumer inflation rate … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.3574, as the latter declined after the IMF, citing a harsh winter in the US, slashed its growth-outlook on the world’s … Continue reading

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EUR/USD: Euro trading marginally higher ahead of Euro-zone consumer inflation data

EURUSD Movement On Friday, EUR declined 0.10% against the USD and closed at 1.3536. However, the Euro-zone’s shared currency received some support after ECB’s Benoit Coeur rubbished speculations for an immediate QE measures in the European economy by stating that … Continue reading

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EUR/USD: ECB willing to engage in additional stimulus measures following last week’s policy action, hints ECB’s Jazbec

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3550, as the latter came under pressure from lacklustre US retail sales data which rose less-than-expected 0.3% (MoM) in May and … Continue reading

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EUR/USD: ECB should consider QE options and make it available for further use, opines ECB’s Ardo Hansson

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.3533, as dovish comments by few top ECB policymakers weighed on traders’ risk-taking appetite. An ECB policymaker, Ardo Hansson, opined that … Continue reading

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EUR/USD: Euro continues its downward trend, hurt by ECB policymakers’ dovish comments

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.3547, as few of the top ECB policymakers signalled that the central bank had still more firepower to support the Euro-zone … Continue reading

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EUR/USD: Low and declining Euro-zone inflation is the biggest short-term problem for the economy, opines ECB’s Noyer

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.3591, in a subdued trading session, as most of the markets in the Euro-zone were closed on account of a public … Continue reading

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EUR/USD: Fed’s forward guidance benefited economic growth in the US, opines Fed’s Jerome Powell

EURUSD Movement On Friday, the EUR declined 0.17% against the USD and closed at 1.3639, as the latter benefitted from the latest batch of strong economic releases from the US economy. Data from the US showed that jobless rate in … Continue reading

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EUR/USD: ECB slashed its key interest rates and introduced fresh stimulus measures for banks at its June policy meeting

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.3662, reversing its earlier losses which were triggered by ECB’s decision to ease its monetary policy further. The ECB, at its … Continue reading

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EUR/USD: Euro trading a tad lower ahead of ECB’s policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.3601, as traders refrained from taking major bets in the Euro-zone’s shared currency ahead of the ECB’s policy decision. Adding to … Continue reading

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EUR/USD: Euro-zone’s unemployment and consumer inflation rate eased ahead of first-quarter GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.3626, as Euro-zone’s unemployment rate surprisingly fell to 11.7% in April, the lowest level in 18 months. However, the annual consumer … Continue reading

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