EURUSD Movement On Friday, EUR declined 0.08% against the USD and closed at 1.3678. The European Central Bank (ECB), President, Mario Draghi, at the World Economic Forum annual meet in Davos, indicated that the recovery of the Euro-zone is still … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.06% against the USD and closed at 1.3688, buoyed by the latest batch of upbeat economic releases from the Euro-zone economy. In economic releases, Markit manufacturing PMI for the … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.3545, amid a lack of major economic release in the Euro-zone. Adding to the Euro’s fall were comments from Benoit Coeure, Executive Board member … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3558, as risk-appetite among investors increased after the International Monetary Fund (IMF) raised its global growth outlook to 3.7% this year, 0.1% … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.3546, in a thin-holiday trade. The Euro also found some support from comments of Ewald Nowotny, Governor of Austria’s Central Bank and … Continue reading →

EURUSD Movement On Friday, EUR declined 0.67% against the USD and closed at 1.3525. The release of the uninspiring construction output data from the Euro-zone weighed on the common currency. According to the Eurostat, construction output in the Euro-zone dropped … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3616. Yesterday, official data confirmed that the inflation in the Euro-zone slowed in December, in-line with analysts’ expectations. According to a report by Eurostat, … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.49% against the USD and closed at 1.3600. The US Dollar gained ground against the Euro after the Fed, in its Beige Book, expressed positive outlook for economic growth … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3666. The US Dollar was supported by robust US retail sales which grew more than expected, offsetting the concern raised last week … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3670, as traders refrained from taking riskier bets amid a lack of major economic releases from the Euro-zone. In economic news, Sabine … Continue reading →

EURUSD Movement On Friday, EUR rose 0.49% against the USD and closed at 1.3672. The US Dollar gave up ground against the Euro, after a report revealed that the US economy created 74,000 new jobs in December, significantly lower than … Continue reading →