EUR/USD: Euro-zone PMI data boosted market sentiment; trading lower in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.3071, as investor sentiment was lifted on faster than expected expansion in manufacturing activities in the Euro-zone. Manufacturing PMI in the Euro-zone climbed … Continue reading

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EUR/USD: Euro trading higher in today’s morning session

  On Friday, EUR declined 0.48% against the USD and closed at 1.2981, as a rise in Euro-zone’s unemployment data disappointed investors, and as upbeat US economic data helped push the greenback higher. Unemployment rate in the Euro-zone rose to … Continue reading

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EUR/USD: Euro rose above the key 1.30 level, trading tad lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.3043. In the Euro-zone, data indicated that economic sentiment index rose to a reading of 89.4 in May, from a reading of 88.6 … Continue reading

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EUR/USD: Euro moving higher in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.79% against the USD and closed at 1.2947. The US Dollar witnessed selling pressures, as investors indulged in profit booking to capitalize on the recent surge in the greenback. In … Continue reading

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

  For the 24 hours to 23:00 GMT, EUR declined 0.70% against the USD and closed at 1.2845, after economic data indicated that German import prices fell more-than-expected in April, while French consumer confidence dropped to a near five-year low … Continue reading

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EUR/USD: Euro trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2935. Trading in the pair remained subdued with little in the economic news as the UK and US markets were closed yesterday on account … Continue reading

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EUR/USD: Euro advanced as risk appetite improved, trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.62% against the USD and closed at 1.2923, as risk appetite improved among investors following the release of upbeat US jobless and housing data. Moreover, positive Euro-zone PMI data also added … Continue reading

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EUR/USD: FOMC minutes raised concern over Fed tapering talks

For the 24 hours to 23:00 GMT, EUR declined 0.60% against the USD and closed at 1.2842. In the Euro-zone, economic data indicated that, current account surplus increased to a seasonally adjusted €25.9 billion in March, from a revised €14.6 … Continue reading

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EUR/USD: Euro trading lower in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.2920, as investors risk sentiment improved, after two voting members of the Federal Open Market Committee (FOMC) eased concerns about the US central … Continue reading

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EUR/USD: Euro continues to trade higher this morning

For the 24 hours to 23:00 GMT, EUR rose 0.47% against the USD and closed at 1.2891. In economic news, industrial new orders in Italy rose 1.6% (MoM) in March, following a 2.5% drop recorded in the previous month. However … Continue reading

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

  On Friday, EUR declined 0.43% against the USD and closed at 1.2828, as dollar strengthened on talks of the Federal Reserve winding down its bond buying program. In economic news, construction output in the Euro-zone continued to decline for … Continue reading

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