EUR/USD: US Dollar weighed down by concerns over the US fiscal cliff

  For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3099, boosted by efforts to tackle the debt problems of Greece and Spain, and as the greenback came under pressure from expectations of … Continue reading

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EUR/USD: Euro gained on higher risk appetite; trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.52% against the USD and closed at 1.3064, as risk appetite increased buoyed by Greece’s $13 billion bond buyback plan and amid upbeat Chinese economic. Yesterday, in an effort to reform … Continue reading

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EUR/USD: Euro gained after Germany approved a €44 billion aid for Greece

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.11% against the USD and closed at 1.2986, after Germany’s Parliament voted by 473 to 100 to give the green light to the release of €44 billion ($56.9 billion) … Continue reading

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EUR/USD: Euro rose on decent European economic news

  For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.2972, amid positive economic news in the Euro-zone and Germany. Euro-zone’s economic sentiment index rose to a reading of 85.7 in November, from … Continue reading

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EUR/USD: Euro pares yesterday’s gains, trading flat this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.2951, as risk appetite increased amongst investors, after US House Speaker, John Boehner indicated that he was optimistic that a deal can be … Continue reading

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EUR/USD: Euro pressured as worries over the US fiscal policy clouded risk sentiment

  For the 24 hours to 23:00 GMT, EUR declined 0.39% against the USD and closed at 1.2938, as initial optimism over the Greek debt deal faded amid concerns over US fiscal policy. The Euro initially firmed on the news … Continue reading

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EUR/USD: EU-IMF agree on Greece debt deal

  For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.2988. On the economic front, Germany’s Gfk Consumer Confidence Survey declined to 5.9 in December, from a downwardly revised 6.1 in November, On … Continue reading

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EUR/USD: Euro lower ahead of Euro-zone meeting on Greece

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.79% against the USD and closed at 1.2976, as investor risk appetite was boosted by better-than-expected German economic data. Moreover, the Euro also gained after Greece indicated that … Continue reading

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EUR/USD: Euro banks on upbeat PMI data in China & Europe and amid successful Spanish bond auction

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.2874, following strong manufacturing PMI data in China, the Euro-zone, Germany and France. A successful bond auction in Spain also bolstered gains … Continue reading

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EUR/USD: Euro trading lower despite upbeat Chinese PMI

  For the 24 hours to 23:00 GMT, EUR rose 0.40% against the USD and closed at 1.2864. Investors initially sold the Euro after international lenders failed to reach a deal to release emergency aid for Greece, but quickly reversed … Continue reading

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EUR/USD: Euro-zone ministers make progress on Greek debt deal, indicates the Euro-group President

  For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.2812. Yesterday, the Euro-group President, Jean-Claude Juncker, stated that Euro-zone finance ministers have made progress on a package of measures to reduce Greek … Continue reading

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