EUR/USD: Euro-zone’s retail sales grew at a moderate pace in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1872. On the macro front, Euro-zone’s retail sales advanced 5.7% on a monthly basis in June, less than market anticipations for … Continue reading

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EUR/USD: Euro-zone’s producer price index rose for the first time in five months in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1799. On the macro front, Euro-zone’s producer price index rose 0.7% on a monthly basis in June, recording its first increase … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing PMI expanded in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1766. On the data front, Euro-zone’s Markit manufacturing PMI rose to 51.8 in July, expanding for the first time since early … Continue reading

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EUR/USD: Euro-zone’s economy contracted on a quarterly basis in the second quarter

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.1782 on Friday, after the Euro-zone’s economy contracted at its fastest pace on record in the second quarter. On the macro … Continue reading

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EUR/USD: Euro-zone’s economic confidence improved to a four-month high in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.1846. On the macro front, Euro-zone’s consumer confidence index declined to -15.0 in July, in line with market expectations and compared … Continue reading

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EUR/USD: Euro reverses its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.1787. The US Dollar declined against a basket of currencies, after the US Federal Reserve (Fed) kept its interest rate decision … Continue reading

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EUR/USD: Euro reverses its losses in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1720. In the US, the consumer confidence dropped to 92.6 in July, more than market forecast for a fall to a … Continue reading

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EUR/USD: Euro reverses its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.1760. On the macro front, Germany’s Ifo business climate climbed to 90.5 in July, more than market expectations for a rise … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing PMI expanded in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.1645 on Friday. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to a 23-monh high level of 51.1 in July, … Continue reading

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EUR/USD: Euro-zone’s consumer confidence deteriorated in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1601. On the macro front, Euro-zone’s consumer confidence unexpectedly dropped to -15.0 in July, defying market expectations for a rise to … Continue reading

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EUR/USD: Euro trading a tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.34% against the USD and closed at 1.1572. In the US, the housing price index unexpectedly fell 0.3% on a monthly basis in May, defying market forecast for … Continue reading

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