EUR/USD: European Commission trims its growth forecast on the Euro-zone economy for 2014

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.3472, as investors’ risk appetite declined after the European Commission stated that it is too early to declare a victory in the … Continue reading

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EUR/USD: Fed policymakers highlights the possibility for a prolonged stimulus measure

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD and closed at 1.3516, as risk-appetite among investors increased after data showed that the Sentix investor confidence in the Euro-zone economy surged to a level … Continue reading

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EUR/USD: Euro trading lower ahead of domestic manufacturing PMI and investors’ confidence data

EURUSD Movement On Friday, EUR declined 0.65% against the USD and closed at 1.3492, amid lingering speculation that the latest batch of lacklustre economic data from the Euro-zone might compel the European Central Bank (ECB) to initiate more easing measures. … Continue reading

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EUR/USD: Euro-zone consumer inflation fell to a four-year low in October

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 1.04% against the USD and closed at 1.3580, after the latest batch of dismal economic releases in the Euro-zone, spurred fresh speculation that the European Central Bank (ECB) would … Continue reading

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EUR/USD: Fed maintains the size of its stimulus package at its policy meeting

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.3724. The US Dollar gained ground on the heels of the release of the Fed’s latest announcement regarding monetary policy. While the … Continue reading

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EUR/USD: ECB’s Ewald Nowotny sees no chances of an interest rate cut in the near future

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.34% against the USD and closed at 1.3742, as investors’ appetite for risk taking declined after the Bank of Italy Director General, Luigi Signorini, indicated that Italy’s economic growth … Continue reading

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EUR/USD: Euro-zone economy out of danger zone, says ECB’s Benoit Coeure

For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.3789. The US Dollar gained ground against the Euro after a report showed that industrial production in the US rose 0.6% (MoM) in September, … Continue reading

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EUR/USD: Euro trading tad higher ahead of German retail sales data

EURUSD Movement On Friday, EUR rose marginally against the USD and closed at 1.3807. However, gains in the Euro were capped after a report showed that the IFO – current assessment of the German economy edged down to a reading … Continue reading

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EUR/USD: Euro extends its gain in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.17% against the USD and closed at 1.3802. The US Dollar came under pressure after a lacklustre US initial jobless claims report strengthened the prospect of a prolonged Fed … Continue reading

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EUR/USD: Euro trading higher ahead of Markit PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3779. However the gains in the Euro were capped, as risk appetite among investors declined following European Central Bank’s (ECB) decision to … Continue reading

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EUR/USD: Greenback extends its fall on a dismal US employment data

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.78% against the USD and closed at 1.3779, following a successful bond auction in Spain that provided hints that foreign investors did not perceived any kind of acute, immediate … Continue reading

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