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EUR/USD: Greenback extends its decline on lingering Fed effect
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3534. The greenback extended its previous session’s decline on lingering effects of the Fed’s asset-purchase decision. In economic news, data showed that … Continue reading
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EUR/USD: Greenback continues to decline on Fed’s QE decision
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.25% against the USD and closed at 1.3524. The US Dollar slid against the Euro after the Fed refrained from altering the size of its $85 billion monthly asset-purchase … Continue reading
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EUR/USD: Euro trading marginally lower against the greenback, with Fed in focus.
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.3357, as a better-than-expected ZEW economic sentiment data in the Euro-zone and Germany boosted investors’ sentiment amid uncertainty over Fed stimulus programme. … Continue reading
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EUR/USD: Euro-zone’s inflation meets market expectation for the month of August.
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.16% against the USD and closed at 1.3336, as risk-appetite among investors declined ahead of Fed’s policy decision due later during the week. In the Euro-zone, an official report … Continue reading
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EUR/USD: Euro trading higher, ahead of consumer inflation data
EURUSD Movement On Friday, EUR rose marginally against the USD and closed at 1.3307. The US Dollar came under pressure as investors refrained from taking major bets ahead of Fed’s policy decision next week. In the Euro-zone, an official report … Continue reading
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EUR/USD: Euro continue to buckle against the USD
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.11% against the USD and closed at 1.3299. The US Dollar was in demand yesterday, on speculation that a better-than-expected US jobs data might facilitate Fed’s decision to taper … Continue reading
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EUR/USD: Euro trading higher ahead of ECB Chief’s speech
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.35% against the USD and closed at 1.3314, as optimistic comments from the European Central Bank (ECB) Executive Board Member, Jorg Asmussen, and waning tension of Syrian crisis boosted … Continue reading
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EUR/USD: Euro weakens even on improved risk-appetite after Syria agrees to hand over its chemical arsenal
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3267. The greenback gave up ground against the Euro after the Secretary of State, John Kerry, confirmed that the US will explore … Continue reading
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EUR/USD: Investor confidence in the Euro-zone rose sharply in September
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.3256, as investors’ confidence in the Euro-area surged upward in September and as demand for the safe-haven currency fell on speculation that … Continue reading
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EUR/USD: Lackluster US employment data continues to spur a sell-off in the dollar
EURUSD Movement On Friday, EUR rose 0.48% against the USD and closed at 1.3182, as German industrial orders fell unexpectedly in July and as a soft US nonfarm payrolls data fuelled speculation that the Fed might delay plans to taper … Continue reading
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EUR/USD: Rate cut still an option to combat downside risks to the Euro-area’s economy: ECB President
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.61% against the USD and closed at 1.3119, as dovish comments from the European Central Bank (ECB) President, Mario Draghi, on the region’s benchmark interest rate spooked investors confidence. … Continue reading
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