For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3083, amid disappointing Euro-zone economic data. Additionally, speculation over a French ratings downgrade further weighed on the Euro. However, the French Finance Minister, Pierre … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.43% against the USD and closed at 1.3124, ahead of Thursday’s European Central Bank decision on interest rates. However, on the economic front, Euro-zone’s sentix index rose for the fifth … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.34% against the USD and closed at 1.3069, boosted by upbeat Euro-zone and US economic data. On the economic front, Euro-zone’s services purchasing managers’ index (PMI) climbed to … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 1.21% against the USD and closed at 1.3025. The USD gained after minutes from the December FOMC meeting indicated that most members saw an end to QE this year. Several … Continue reading →

  For the 24 hours to 23:00 GMT, EUR declined 0.11% against the USD and closed at 1.3184, as economic data released yesterday from Europe continued to paint a dire picture for the region. The final purchasing managers index (PMI) … Continue reading →

On Monday, for the 24 hours to 23:00 GMT, EUR declined 0.25% against the USD and closed at 1.3194, after German Chancellor Angela Merkel cautioned that the economic environment would be more difficult in 2013 than this year, and that … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.24% against the USD and closed at 1.3216, amid poor French and Spanish economic data and disappointing Italian bond auction. In French economic news, the gross domestic product … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3248. In the US economic news, the seasonally adjusted new home sales rose 4.4% to an annual rate of 377,000 in November, from … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.3228. However, investors remained focused on developments surrounding the fiscal cliff in the US, approximately $600 billion in automatic tax hikes and spending … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.38% against the USD and closed at 1.3188, as investor risk appetite continued to decrease a day after the Republican “Plan B” effort to avoid the fiscal cliff … Continue reading →

  For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD and closed at 1.3237, as risk appetite increased among investors after the US government revised its Q3 FY2012 gross domestic product growth rates higher than expected. … Continue reading →