For the 24 hours to 23:00 GMT, EUR declined 0.21% against the USD and closed at 1.4808. Eurozone consumer price inflation flash estimate for the month of April surged to 2.8%. Also, the unemployment rate in the Eurozone was 9.9% … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.4839, amid release of economic growth data in the US. The Commerce Department stated that the US gross domestic product increased at an annual … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.4779, as the Federal Reserve left its interest rates unchanged at near-zero levels. In the Euro Zone, the industrial new orders, on monthly basis, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.71% against the USD and closed at 1.4683, on speculation that the Federal Reserve may loosen the monetary policy to support the US economy. In the Asian session, at 3:00GMT, the … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.4580. The European Central Bank President, Jean-Claude Trichet, stated that the policy makers must avert any jump in inflation expectations amid the risk of … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 1.22% against the USD and closed at 1.4509, as rise in stock prices and corporate earnings motivated investors to shift out of the safe-haven dollar. In Germany, the producer price index … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.72% against the USD and closed at 1.4334, after a key economic report out of the euro zone showed surprising growth in the region. In the Euro zone, the manufacturing purchasing … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.29% against the USD and closed at 1.4231, after the European debt crisis deteriorated, as Irish banks were downgraded to junk status, Greece was rumored to be struggling to pay back … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.47% against the USD, on Friday and closed at 1.4417, amid concern the European sovereign debt crisis is worsening and as policy makers stepped up efforts to cool inflation globally. The … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.4485, dented by speculation that Greece and possibly Ireland may be forced to restructure their massive debts, pushing peripheral Euro-zone bond yields higher. Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.4444. In the EU, on monthly basis, the industrial production rose by 0.4% in February from 0.2% rise in the previous month. The annual … Continue reading →