EUR/USD: Deflation risks in the Euro-zone low but not zero, says ECB’s Linde

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.25% against the USD and closed at 1.3786, as the latter advanced following a report that showed durable goods orders in the US rose more-than-expected 2.2% in February, ending … Continue reading

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EUR/USD: ECB ready to do whatever it can to maintain price stability, says ECB Chief, Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.3820, after the ECB President, Mario Draghi stated that policymakers are closely monitoring the strength of the Euro and that the central … Continue reading

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EUR/USD: ECB eyeing the EUR exchange rate’s impact on inflation, reveals ECB’s Erkki Liikanen

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.3836, giving up its firmer losses, triggered by the latest batch of downbeat Markit Economics’ PMI data for the Euro-zone and German … Continue reading

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EUR/USD: Euro-zone consumer confidence improved to a six year high in March

EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.3795, as risk-appetite among traders rose after the preliminary reading of the Euro-zone’s consumer confidence index improved to a level of -9.3 in March, the highest reading … Continue reading

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EUR/USD: ECB would hike its interest rates only when necessary conditions exists, hints ECB’s Sabine Lautenschlaeger

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.28% against the USD and closed at 1.3779. The US Dollar continued to benefit from the Fed Chief, Janet Yellen’s Wednesday’s forecast for an earlier-than-expected hike in the nation’s … Continue reading

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EUR/USD: EUR declined following the Fed’s decision to trim its stimulus package and project an interest rate hike in the middle of 2015

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.80% against the USD and closed at 1.3818. The greenback advanced against the Euro-zone’s common currency after the US Fed, in its 2-day policy meeting, trimmed the size of … Continue reading

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EUR/USD: Euro trading tad lower ahead of the Fed monetary policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally rose against the USD and closed at 1.3929. The EUR initially lost ground after the economic sentiment data from the Euro-zone and Germany disappointed investors, fuelling concerns over the … Continue reading

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EUR/USD: Euro-zone’s annual consumer inflation rate fell to 0.7% in February

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3925, rebounding from its earlier losses, resulting from a lacklustre Euro-zone’s consumer inflation report, which showed that consumer inflation rate in the … Continue reading

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EUR/USD: Moody’s upgraded its rating outlook on the EU to “Stable”

EURUSD Movement On Friday, EUR rose 0.28% against the USD and closed at 1.3904. The greenback declined against the Euro-zone’s common currency after the Thomson Reuters/University of Michigan preliminary index on the US consumer confidence fell to a four-month low … Continue reading

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EUR/USD: ECB’s forward guidance on interest rate to depreciate the Euro, says ECB’s Chief, Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3865, after the ECB President, Mario Draghi hinted that the central bank’s forward guidance on interest rate might depreciate the Euro and … Continue reading

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EUR/USD: No deflation in the Euro-zone but risks do persists, says ECB’s Benoit Coeure

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3902, after an ECB Executive Board member, Benoit Coeure stated that he sees no signs of deflation in the Euro-zone economy at … Continue reading

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