EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.3672, after the consumer sentiment in Germany surged to a six-year high in January. The consumer confidence in Germany rose to a level of 7.6 for January, … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.3656. However, losses were capped after data revealed that the current account surplus in the Euro-zone widened to reach the highest level … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.3682. Yesterday, the US Dollar advanced after the US Federal Reserve (Fed), in its last monetary policy meeting for this year, announced … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3769, after economic sentiment in the Euro-zone and Germany, its largest economy surpassed expectations. The ZEW investor confidence survey in Germany climbed … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3758, following better-than expected Purchasing Managers’ Index (PMI) data from the Euro-zone. The manufacturing PMI in the Euro-zone rose to a 31-month … Continue reading →

EURUSD Movement On Friday, EUR declined 0.17% against the USD and closed at 1.3726, after the European Central Bank (ECB) policymaker, Peter Praet, stated that the region’s economic recovery remains fragile. On the economic front, the number of people with … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.26% against the USD and closed at 1.3750, after industrial output in the Euro-zone unexpectedly dropped 1.1% in October, the biggest monthly decline since September 2012 confounding predictions of … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3786, after the European Central Bank (ECB) Vice-President, Vitor Constancio stated that the Euro-zone banks have plenty of collateral, thereby indicating that … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3764, after the European Central Bank (ECB) President, Mario Draghi, eased concerns over threats of low inflation in the Euro-zone economy, by … Continue reading →

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.3738. However, Euro’s gains against the greenback were capped after three of the top Fed officials expressed their support for a Fed-QE-taper … Continue reading →

EURUSD Movement On Friday, EUR rose 0.18% against the USD and closed at 1.3694. The US Dollar gave up ground against the Euro after the Chicago Fed President, Charles Evans, ruled out the possibility for an earlier-than-expected Fed-tapering, by stating … Continue reading →