For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.2883. In the Euro-zone, the expectations for an interest rate cut from the European Central Bank (ECB) increased after French unemployment continued to … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.42 % against the USD and closed at 1.2883, after the Euro-area’s recession extended to a record sixth straight quarter in the first quarter of 2013 (Q12013). The economic data … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.39% against the USD and closed at 1.2936, after German ZEW economic sentiment disappointed investors along with slowed down in inflation figures across the Europe. The ZEW survey reported that … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.2987. The Euro traded lower earlier in the session after the European Central Bank (ECB) council member, Ignazio Visco reportedly stated that, the … Continue reading →

  On Friday, EUR declined 0.38% against the USD and closed at 1.2983. On the macro front, German trade surplus rose to a seasonally adjusted €17.6 billion in March, from a revised €17.7 billion recorded in the previous month. Exports … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.98% against the USD and closed at1.3032, after the European Central Bank (ECB), in its monthly report cut its GDP forecasts for the Euro-zone to -0.4% in 2013, from 0% … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.3160, after German industrial production increased in March, supporting the recently released German factory orders data. The German industrial production rose unexpectedly by … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3075, after German factory orders beat market expectations by rising a seasonally adjusted 2.2% (MoM) in March, from a similar revised rate of … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD and closed at 1.3073. The Euro traded in negative territory after the European Central Bank (ECB) President, Mario Draghi restated that the central bank is ready … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.86% against the USD and closed at 1.3066, after the European Central Bank (ECB) lowered its key interest rate by 25 basis points to 0.50%. Moreover, the ECB President, Mario … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3180. The greenback saw a drop in demand amid soft US economic figures. Moreover, the Federal Reserve concluded its monetary policy meeting making … Continue reading →