EUR/USD: Euro trades near a 15-month high, trading flat this morning

For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.4473, surging to a fresh 15-month high, after data showed the US trade deficit shrank in February.. In the EU, the ZEW economic sentiment … Continue reading

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EUR/USD: Euro pauses after recent surge versus Greenback

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.4430., as investors continued to assess the mixed signals being sent by the European Central Bank (ECB) and Federal Reserve. Euro gained last week, … Continue reading

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EUR/USD: Trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 1.28% against the USD, on Friday and closed at 1.4483, as investors ignored the greenback on the fears of the US government shutdown. The European Union (EU) minister agreed to prepare … Continue reading

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EUR/USD: ECB hikes interest rate, EUR trading higher in Asian session

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.4300, after the European Central Bank policy makers raised the benchmark interest rate to 1.25% from a record low 1%. European Central Bank (ECB) … Continue reading

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EUR/USD: Trading lower in Asian session, awaits European Central Bank rate decision

For the 24 hours to 23:00 GMT, EUR rose 0.76% against the USD and closed at 1.4329. In the Eurozone, on a sequential basis, the GDP rose 0.3% in the fourth quarter of 2010. Meanwhile, German factory orders advanced on … Continue reading

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EUR/USD: Euro weighed down after Portugal rating cut, trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 0.03% against the USD and closed at 1.4221. In the Eurozone, the service sector business activity index in rose to 57.2 in March, the strongest since August 2007, while the headline … Continue reading

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EUR/USD: Trading lower in Asian session

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.4225. In the Eurozone, the sentix investor sentiment index dropped to 14.22 in April, following 17.07 in March. Meanwhile, the producer price inflation in … Continue reading

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EUR/USD: Trading flat this morning

On Friday, for the 24 hours to 23:00 GMT, EUR rose 0.50% against the USD and closed at 1.4232. Fitch Ratings downgraded Portugal’s long-term foreign and local currency issuer default ratings to BBB-, from A- and kept the ratings on … Continue reading

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EUR/USD: Euro rises on interest rate hopes, trading flat this morning

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4161, after a report showed that inflation in the Eurozone rose more than expected, raising expectations that the European Central Bank would raise interest … Continue reading

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EUR/USD: Euro edges up marginally on rate rise expectations

For the 24 hours to 23:00 GMT, EUR rose 0.06% against the USD and closed at 1.4120, after European Central Bank member, Lorenzo Bini Smaghi indicated that the ECB may hike rates in a series rather than just one-off rate … Continue reading

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EUR/USD: EUR trading lower this morning, European debt worries deepen as S&P downgrades Portugal, Greece

For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.4111. In Germany, the GfK consumer sentiment index fell to 5.9 for April, following a reading of 6.0 posted for March. The consumer price … Continue reading

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