EUR/USD: Euro slips in the Asian session, after trading higher yesterday

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3199, after the Euro-area economy confirmed that it exited its longest recession, as initially estimated, during the second quarter, on the back … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Dollar advances against the Euro, following upbeat ISM manufacturing data

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.3173, as a better-than-expected US manufacturing PMI data boosted the demand for the greenback. Data showed that the US ISM Manufacturing PMI … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone manufacturing PMI reading strikes two-year high at 51.4 in August

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.3190 as the latest batch of mixed manufacturing PMI data from the member countries of Euro-zone weighed on investors’ sentiment. Markit manufacturing … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: PMI data from Europe in spotlight

EURUSD Movement On Friday, EUR declined 0.22% against the USD and closed at 1.3209, as upbeat US consumer sentiment data and lingering tension of a possible military attack over Syria, boosted the demand for the safe-haven dollar. Separately, an official … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro gave up ground against the dollar following strong US data, trading higher this morning

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.73% against the USD and closed at 1.3238 as the greenback found support from strong US employment and GDP data. In the US, data revealed that initial jobless claims … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro declined amid ongoing tension in Syria, tad higher this morning

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.42% against the USD and closed at 1.3335 as investor preference for the safe-haven dollar, amid the ongoing Syrian crisis, weighed on the demand for the Euro. In the … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Fears over the situation in Syria continue to trigger risk-off sentiment

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.3391, after a closely watched index of German business optimism rose more than expected in August, highlighting improving growth prospects for the … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Political tensions in Italy proved dampener for the Euro

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3378 as a lacklustre US durable goods data fuelled fresh concerns over Fed stimulus measures. Sentiments were also hurt by the threat of … Continue reading

Posted in EUR/USD | Leave a comment

EUR/USD: Euro pared losses on upbeat economic data, trading lower in Asian session

  For the 24 hours to 23:00 GMT, EUR gained 0.11% against the USD and closed at 1.3356, drawing support from the latest batch of upbeat PMI data from the Euro-zone and Germany. In the Euro-zone, Markit manufacturing PMI rose … Continue reading

Posted in EUR/USD | Leave a comment

EUR/USD: US Dollar rallies after Fed minutes

For the 24 hours to 23:00 GMT, EUR declined 0.60% against the USD and closed at 1.3341. The greenback edged higher after the highly anticipated minutes of Fed’s July’s meeting failed to signal a more concrete wind-down date for the … Continue reading

Posted in EUR/USD | Leave a comment

EUR/USD: Euro continues its northward journey

  For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.3421, as traders continue to digest report released by the German Bundesbank. According to the report, the European Central Bank would base its … Continue reading

Posted in EUR/USD | Leave a comment