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EUR/USD: John Boehner believes non negotiation from Obama could lead to the nation’s default
EURUSD Movement On Friday, EUR declined 0.48% against the USD and closed at 1.3557, amid lacklustre producer inflation data from the Euro-zone. In the Euro-zone, official data showed that the region’s producer price index came in at 0.0% (MoM) in … Continue reading
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EUR/USD: Euro continues to rise
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3623, buoyed by the latest batch of upbeat economic releases in the Euro-zone. In the Euro-zone, official data showed that retail sales … Continue reading
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EUR/USD: ECB kept its benchmark interest rate at record low of 0.5%
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.50% against the USD and closed at 1.3591, as the European Central Bank (ECB) President, Mario Draghi expressed optimism on the recovery of the Euro-zone economy and after news … Continue reading
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EUR/USD: Euro trading marginally lower ahead of ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3523, as traders refrained from taking major bets ahead of European Central Bank (ECB) policy decision. In the Euro-zone, data showed that … Continue reading
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EUR/USD: Euro trading higher ahead of key manufacturing and employment data
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.21% against the USD and closed at 1.3524. The US Dollar gave up ground against the Euro, amid concerns over the US Senate budget talks. However, lingering political turmoil … Continue reading
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EUR/USD: Euro trading lower ahead of consumer inflation data
EURUSD Movement On Friday, EUR rose 0.22% against the USD and closed at 1.3517, after the data indicated that economic confidence in the Euro-zone reached a two-year high in September after rising for five consecutive months. Meanwhile, the US Dollar … Continue reading
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EUR/USD: Euro trading lower ahead of ECB Chief, Draghi’s speech
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.21% against the USD and closed at 1.3488. The US Dollar gained ground as an unexpected decline in the domestic weekly jobless claim spurred fresh speculation that the Fed … Continue reading
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EUR/USD: Euro advances on improved risk-appetite among investors
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3517. The greenback gave up ground against the Euro, as the latest batch of upbeat economic data from the US and Germany … Continue reading
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EUR/USD: Greenback soars amid concerns over domestic budget talks
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.18% against the USD and closed at 1.3474. The greenback rose as concerns over the US budget talks lured investors to take refuge under the safe-haven, dollar. The US … Continue reading
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EUR/USD: ECB Chief hinted at the possibility for additional stimulus measures to spur growth
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3497, after the European Central Bank (ECB) President, Mario Draghi, stated that the officials are willing to consider additional stimulus measures to … Continue reading
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EUR/USD: Euro rises as Angela Merkel wins German election for a historic third term
EURUSD Movement On Friday, EUR declined 0.09% against the USD and closed at 1.3521, as a dismal Euro-zone’s consumer confidence data spooked investors’ sentiment. Data showed that consumer confidence in the Euro-zone region rose to a level of -14.9 in … Continue reading
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