For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3394, amid upbeat Euro-zone and German sentiment figures. The European Economic Research (ZEW) indicated that the economic sentiment index in Germany rose to … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3363. The Bundesbank stated after improving in the second quarter, Germany’s economic recovery may lose pace this summer, citing weaker industrial orders and … Continue reading →

On Friday, EUR declined 0.15% against the USD and closed at 1.3340, after report showed that employment in the Euro area continues to drop in the Q1 2013. Additionally, the annual consumer price inflation in the Euro-zone rose in line … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.11% against the USD and closed at 1.3359. However, losses in the greenback were limited as the US retail sales and jobs data came in better than market expectations. In … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3344, after Euro-zone’s industrial production rose more than expected by 0.4% (MoM) in April. Separate reports showed that the final reading of consumer price … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.45% against the USD and closed at 1.3312. Yesterday, the European Central Bank (ECB) defended its bond-buying program in a German courtroom, arguing that the scheme many credit with saving … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.39% against the USD and closed at 1.3253. Yesterday, the Standard & Poor’s affirmed the credit outlook for the US government at ‘AA+/A-1+’, and upgraded outlook from ‘Negative’ to ‘Stable’. Separately, … Continue reading →

  On Friday, EUR declined 0.14% against the USD and closed at 1.3224. The dollar gained strength as the US employment growth in May was higher than market expectations, which renewed speculation that the US Federal Reserve could taper the … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 1.18% against the USD and closed at 1.3242, after European Central Bank (ECB) President, Mario Draghi stated that a cut in the bank’s deposit rate below zero was not on … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.11% against the USD and closed at 1.3087, after the US Automatic Data Processing, Inc’s private sector employment increased by 135.0K in May, much lower than the expected increase by 165.0K … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3072, as Spanish employment numbers came in better than market expectations. The number of unemployed people in Spain slipped sharply by 98.3K in May, … Continue reading →