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EUR/USD: Euro trading marginally higher with focus on Euro-zone’s consumer inflation and unemployment data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.3597, as the latest batch of lacklustre economic releases from the Euro-zone and its member nations fuelled concerns on the recovery … Continue reading
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EUR/USD: Euro pares its gains in the Asian session
EURUSD Movement On Friday, the EUR rose 0.28% against the USD and closed at 1.3640, as the latter came under pressure from a 2.2 points drop in the US Reuters/Michigan consumer sentiment index for May to 81.9 and as the … Continue reading
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EUR/USD: Euro trading marginally higher against its US counterpart in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.3602, as the latter came under pressure from a higher-than-expected 1.0% drop in the US Q1 GDP data which signalled a … Continue reading
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EUR/USD: Governing Council willing to use conventional and unconventional measures to fight low-inflation, hints ECB’s Yves Mersch
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3594, as data showed that unemployment in Germany, the largest economy in the Euro-zone, unexpectedly rose for the first time in … Continue reading
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EUR/USD: Euro trading slightly higher ahead of Euro-zone’s consumer and business confidence data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.3635, as the latter received a boost from the latest batch of upbeat US economic releases. Data from the US showed … Continue reading
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EUR/USD: ECB to consider policy tools to counter low inflation rate at its June meeting, hints ECB President, Draghi
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3645, recovering from its initial losses which were triggered by ECB President’s dovish remarks and following early results from the European … Continue reading
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EUR/USD: ECB willing to take additional unconventional measures, reiterates ECB’s Weidmann
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.3655, hurt by the latest batch of soft economic releases from the Euro-zone and its member nations. Data showed that Markit’s … Continue reading
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EUR/USD: US Dollar holds on to its gains, following the release of the Fed’s minutes
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.3687, as the latter advanced after the minutes from the Fed’s 29-30 April policy meeting hinted towards a continuation in the … Continue reading
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EUR/USD: ECB ready to deploy “non-traditional” monetary measures if deflation risks materialise, indicates ECB’s Liikanen
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.3699, as risk appetite among traders declined after data showed that producer prices in Germany, the largest economy in the Euro-zone, … Continue reading
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EUR/USD: Inflation in the Euro-zone to remain low for an extended period of time, indicate few ECB’s officials
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.3709. However, the gains in the Euro-zone’s shared currency were capped after the ECB policymakers, Yves Mersch and Ewald Nowotny projected … Continue reading
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EUR/USD: Interest rates to remain low in the Euro-zone, indicates ECB’s Coeure
EURUSD Movement On Friday, EUR declined 0.14% against the USD and closed at 1.3696, as the latter advanced following the release of strong housing data from the US economy. Data from the world’s largest economy showed that the US building … Continue reading
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