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EUR/USD: Euro rose on Angela Merkel comment, tad lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.59% against the USD and closed at 1.2357, after the German Chancellor, Angela Merkel, stated that the nation is committed to do everything they can to maintain the Euro. She further … Continue reading
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EUR/USD: Dollar rose as investor digested mixed data from the US, tad lower this morning
For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.2284. With no major releases from the Euro-zone yesterday, market participants focused on the economic data from the US for the direction, the results … Continue reading
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EUR/USD: Euro slips as Euro-zone GDP contracts further, trading flat this morning
For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.2322, after the Euro-zone gross domestic product shrank 0.2% in the second quarter, after a flat performance in the first three months of the … Continue reading
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EUR/USD: Euro-zone GDP expected to shrink in Q2
For the 24 hours to 23:00 GMT, EUR rose 0.39% against the USD and closed at 1.2333, following a well-received Italian bond auction. Investors also bought the Euro amid speculation that the European Central Bank would soon take action to … Continue reading
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EUR/USD: Euro down on global growth concern, trading flat this morning
For the 24 hours to 23:00 GMT on Friday, EUR declined 0.07% against the USD and closed at 1.2292, as risk sentiment weakened amid worries over the outlook for global economic growth and uncertainty over the possibility for fresh action … Continue reading
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EUR/USD: Euro down as ECB widened Euro-zone 2012 contraction expectation
For the 24 hours to 23:00 GMT, EUR declined 0.59% against the USD and closed at 1.2300, as risk aversion increased among investors after European Central Bank (ECB) stated that there is a downside risks to the Euro-zone’s economic … Continue reading
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EUR/USD: Euro down following weak economic from the Euro-zone, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.2373, amid renewed concern over the Euro-zone debt crisis following weak economic data from the region and after the Bank of France (BoF) stated … Continue reading
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EUR/USD: Euro fell as S&P lowered Greece to negative outlook, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.2389. Earlier in Asian trading session yesterday, the Euro was trading higher, after German Chancellor, Angela Merkel’s government backed the European Central Bank’s (ECB) … Continue reading
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EUR/USD: Prints fresh highs above 1.2400, German factory orders and Italian GDP awaited
For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2392, extending its Friday’s gains on the back of recent positive US economic data and hopes that policymaker would take action to help debt-market … Continue reading
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EUR/USD: Euro up on positive economic data
On Friday, for the 24 hours to 23:00 GMT, EUR rose 1.68% against the USD and closed at 1.2381, amid increased risk appetite among investors, following positive service sector data from the Euro-zone and stronger-than-expected US jobs data. In the … Continue reading
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EUR/USD: ECB’s inaction triggers risk off trade
For the 24 hours to 23:00 GMT, EUR declined 0.50% against the USD and closed at1.2176, after the European Central Bank (ECB) disappointed investors who were hoping for imminent move to fight the Euro-zone debt crisis. The European Central Bank … Continue reading
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