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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1099. In the US, data showed that the MBA mortgage applications fell 5.3% on a weekly basis in the week ended … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1092. In the US, data showed that durable goods orders unexpectedly fell by 2.0% in November, defying market expectations for a … Continue reading

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EUR/USD: Euro-zone’s consumer confidence dropped in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.40% against the USD and closed at 1.1077 on Friday. Data indicated that Euro-zone’s seasonally adjusted current account surplus unexpectedly widened to €32.4 billion in October, driven by … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1122. In the US, data showed that the Philadelphia Fed manufacturing index declined to a six-month low level of 0.3 in … Continue reading

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EUR/USD: Euro-zone’s inflation accelerated as initially estimated in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1116. On the macro front, Euro-zone’s final consumer price index (CPI) rose 1.0% on an annual basis in November, in line … Continue reading

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EUR/USD: Euro-zone’s trade surplus advanced more-than-expected in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1152. On the data front, Euro-zone’s seasonally adjusted trade surplus widened to €24.5 billion in October, from a revised surplus of … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI unexpectedly dropped to a 2-month low level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.1138. On the data front, Euro-zone’s flash manufacturing PMI unexpectedly fell to a 2-month low level of 45.9 in December, defying … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1119 on Friday. In the US, data showed that advance retail sales rose 0.2% on a monthly basis in November, less … Continue reading

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EUR/USD: ECB kept its interest rate unchanged at 0.00%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1183. On the data front, Euro-zone’s seasonally adjusted industrial production eased 0.5% on a monthly basis in October, at par with … Continue reading

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EUR/USD: Euro trading higher in the Asia session, ahead of policy meeting

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1133. The US dollar declined against its major peers, after the US Federal Reserve (Fed) left its monetary policy unchanged and … Continue reading

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EUR/USD: Euro-zone’s economic sentiment index unexpectedly advanced in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1093, following upbeat economic sentiment data. In economic news, Euro-zone’s economic sentiment index unexpectedly jumped to a level of 11.2 in … Continue reading

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