For the 24 hours to 23:00 GMT, EUR rose 0.71% against the USD on Friday and closed at 1.3893. In Germany, CPI rose by 0.5% (M-o-M) in February, compared to a decline of 0.4% in January. Additionally, WPI rose to … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.78% against the USD and closed at 1.3795, after Moody’s Investors Service downgraded Spain’s sovereign debt rating by a notch to Aa2 with a negative outlook, citing that it was uncertain … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.01% against the USD and closed at 1.3904. ECB Governing Council member, Axel Weber stated that it is up to governments and not monetary policy makers to carry out fiscal and … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.49% against the USD and closed at 1.3903. In Germany, factory orders seasonally adjusted rose 2.9% (M-o-M) in January from the 3.4% drop reported in December. Additionally, trade deficit in France … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.16% against the USD and closed at 1.3971, as investors remained cautious, after Moody’s Investors Service downgraded Greek bond ratings to B1 from Ba1 and assigned a negative outlook. The agency … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD on Friday and closed at 1.3987, as oil prices surged sharply, increasing investors worries that high energy prices will hinder growth. ECB President Trichet, stated that rise … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.67% against the USD and closed at 1.3959 after the ECB president signaled that the ECB may raise interest rates in the next month to fight inflationary pressures. The ECB left … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.69% against the USD and closed at 1.3866. In the EU, PPI index rose by 1.5% (M-o-M) in January compared to 0.8% in the previous month. Market had forecasted a 1.1% … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.3771. In the EU, manufacturing PMI rose to 59.0 from 57.3 in January. Unemployment fell to 9.9% in January from 10% in the previous … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3799. The euro rose against dollar on speculation that ECB Bank policy makers will signal their readiness to raise interest rates to counter inflation. … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD on Friday and closed at 1.3754. In the EU, M3 money supply rose by 1.7% (Q-o-Q) in January from 1.6% in the previous quarter. Additionally, in Germany, … Continue reading →