EUR/USD: Euro trading higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.3213. Earlier the Euro had advanced following better-than-expected German business confidence data. In Germany, the business climate index rose to a reading of … Continue reading

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EUR/USD: Euro gains as investor risk appetite improves

For the 24 hours to 23:00 GMT, EUR rose 0.51% against the USD and closed at 1.3229, as signs of headway in negotiations on the US fiscal cliff buoyed investor sentiment and amid encouraging US economic data. Meanwhile, S&P’s decision … Continue reading

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EUR/USD: Euro trading tad higher in the Asian session as investors remain cautious amid US budget talks

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3161. In the Euro-Zone, the seasonally adjusted basis trade surplus narrowed to €7.9 billion in October, compared to a surplus of €11.0 billion in … Continue reading

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EUR/USD: Euro continues to trade higher this morning

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.66% against the USD and closed at 1.3163, as investor risk appetite increased following positive Euro-zone and US economic data. Euro-zone’s manufacturing purchasing managers’ index (PMI) climbed to a … Continue reading

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EUR/USD: Euro continues its upward journey in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3077, after the Euro-zone finance ministers at a meeting in Brussels approved the long-delayed release of €49.1 billion in financial aid to Greece. Additionally, … Continue reading

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EUR/USD: EU FinMin agree on ECB supervising bloc’s banks

For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.3066. The US Dollar weakened on news of more monetary easing from the Federal Reserve. Moreover, the US House of Representatives Speaker, John Boehner … Continue reading

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EUR/USD: Euro losing ground this morning against the US Dollar

For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.3012, after the release of upbeat Euro-zone and German economic sentiment data. Moreover, speculation that the Federal Reserve could signal more aggressive quantitative easing … Continue reading

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EUR/USD: Euro gaining strength in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.2937, after European investor confidence rose to its highest level in eight months. Sentix investor confidence came in at -16.8 for December, … Continue reading

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EUR/USD: Euro extends its Friday’s losses this morning

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.27% against the USD and closed at 1.2927, as the prospect of a recession in Germany and renewed concerns about Italy weighed on trading sentiment towards the Euro. On … Continue reading

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EUR/USD: Euro declined as ECB lowered Euro-zone economic growth outlook

  For the 24 hours to 23:00 GMT, EUR declined 0.84% against the USD and closed at 1.2962, after the European Central Bank (ECB) slashed the growth outlook for the 17-nation economy for this year and next. At a press … Continue reading

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EUR/USD: Euro pressured as S&P downgrades Greece’s credit rating

  For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3071, as weak Euro-zone economic data and a lack luster Spanish bond auction weighed on the common currency. On the economic front, retail … Continue reading

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