EUR/USD: Greenback trading tad higher ahead of employment data from the US

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.07% against the USD and closed at 1.3672, as traders refrained from taking riskier bets amid lack of economic data from the Euro-zone. In economic news, a report revealed … Continue reading

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EUR/USD: Greenback gave up ground amid Fed tapering bets, trading tad higher in the Asian hours

EURUSD Movement On Friday, EUR rose 0.08% against the USD and closed at 1.3679. The US Dollar gave up ground against the Euro amid speculation that the Fed might delay its plans to start tapering its $85 billion asset-purchase programme … Continue reading

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EUR/USD: Fed policymakers’ support for a prolonged stimulus measure triggered a fall in the greenback

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.09% against the USD and closed at 1.3669. The US Dollar gave up ground after two of the Fed’s officials highlighted their support for the central bank to continue … Continue reading

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EUR/USD: Euro-zone’s economy subdued and uneven, says ECB Chief

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3522. On the economic front, Euro-zone’s consumer price index rose 1.1% (YoY) in September, compared to a 1.3% rise recorded in the … Continue reading

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EUR/USD: Euro trading lower ahead of domestic consumer inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3521. The US Dollar gained ground on speculation that the US lawmakers would agree on a deal to end the nation’s fiscal … Continue reading

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EUR/USD: Ireland to exit bailout scheme by December 15, says PM Enda Kenny

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3557, as investors cheered an upbeat Euro-zone’s industrial production data. An official report showed that, on a seasonally adjusted basis, Euro-zone’s industrial … Continue reading

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EUR/USD: German consumer price index came in at par with market expectation for September.

EURUSD Movement On Friday, EUR rose 0.20% against the USD and closed at 1.3554, as investors reacted positively to German consumer inflation data, which came in at par with market expectation. Data showed that Germany’s consumer price index stood at … Continue reading

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EUR/USD: ECB Chief indicated a possible cut in the borrowing rate, should the market volatility increase

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.06% against the USD and closed at 1.3527. The US Dollar came under pressure after a report indicated that the nation’s initial jobless claims rose to a level of … Continue reading

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EUR/USD: Fed policymakers might start tapering its stimulus package by the end of 2013, indicates FOMC minutes

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.60% against the USD and closed at 1.3519. The US Dollar gained ground against the Euro after minutes from the Fed’s latest policy meeting highlighted policymakers’ willingness to start … Continue reading

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EUR/USD: US President, Obama signalled his willingness for a budget talks with the Republicans

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3600, as investors reacted positively to the latest batch of mixed economic releases from the Euro-zone. In the Euro-zone, data revealed that, … Continue reading

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EUR/USD: Euro-zone’s second quarter growth confirmed at 0.3%

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.3582. The US Dollar came under pressure following President, Barack Obama’s comments that he would not negotiate with the Republicans over the … Continue reading

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