For the 24 hours to 23:00 GMT, EUR edged up marginally against the USD and closed at 1.3334, on comments from the German central bank which suggested that the European Central Bank’s (ECB) low interest rate pledge last month … Continue reading →

On Friday, EUR declined 0.11% against the USD and closed at 1.3336, as risk aversion prevailed among investors after the preliminary US consumer sentiment index declined to a reading of 80.0 in August, from a final reading of 85.1 in … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.3351, as uncertainty over the Federal Reserve’s decision of reducing its stimulus measures prevailed following a mixed bag of US economic data. Amidst a … Continue reading →

  For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3265. A return to growth in the Euro-zone was enough to buoy traders in the European session yesterday. The bloc’s gross domestic product … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.3266. Earlier, the common currency rose as improvement in German and the Euro-zone’s economic sentiment data sparked a decent reaction among Euro traders. … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.35% against the USD and closed at 1.3292. In France, trade deficit narrowed to €1.4 billion in June from a deficit of €3.5 billion in May. In Greece, gross domestic … Continue reading →

On Friday, EUR declined 0.29% against the USD and closed at 1.3340, as weak French industrial output data disappointed investors. Industrial production in France declined 1.4% (MoM) in June, against the expected 0.1% rise, while manufacturing production fell 0.4% (MoM) … Continue reading →

  For the 24 hours to 23:00 GMT, EUR strengthened 0.30% against the USD and closed at 1.3379, as German trade and current account widened in June, added to signs that the Europe’s largest economy is picking up. The seasonally … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3340, after German industry output rebounded in June, surging at its fastest pace in nearly two years. Data revealed that German industrial production … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3308, after economic reports showed that German factory orders grew more than economists forecast in June, indicating that the Euro-zone largest economy is … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3258. The Euro traded higher initially, after services PMI data in Europe confirmed the ease in contraction, adding to recovery signs. Services PMI … Continue reading →