For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.3805. The euro strengthened against the dollar after the ECB Governing Council, Bundesbank President, Axel Weber, indicated that interest rates would move higher. In … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.69% against the USD and closed at 1.3749. In the EU, Industrial new orders rose by 2.1% (M-o-M) in December after 2.2% rise the previous month. Meanwhile, the Bundesbank President, Axel … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3655. German Gfk consumer confidence survey for the month of March rose to 6.0 compared with 5.8 in February. Meanwhile, in the US, consumer … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3675. In the EU, service sector PMI came in at 57.2 in February & the manufacturing sector at 59.0. In Germany, service sector PMI … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD on Friday and closed at 1.3685. In Germany, producer price index rose 1.2% (M-o-M) in January versus a 0.7% rise in December. The annual producer price inflation … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.3607. The dollar turned lower against the euro and other major currencies yesterday. In the US, consumer price index rose 0.4% (MoM) in January, … Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.55% against the USD and closed at 1.3565. In the US, Bureau of Labor Statistics reported that PPI for finished goods rose 0.8% in January, this advance followed increases of 0.9% … Continue reading →

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3487. Germany’s economy continued to expand solidly in the Q4 of 2010, although growth slowed slightly from the Q3 and was below market expectations. … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.25% against the USD and closed at 1.3484. Industrial production in the Eurozone fell by a modest 0.1% in December over the month. The German Finance Minister, Wolfgang Schaeuble indicated that … Continue reading →

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.35% against the USD and closed at 1.3546, amid renewed concerns over the sovereign-debt crisis. On the economic front, the French current account deficit widened to €5.4 billion in … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 0.95% against the USD and closed at 1.3593, as renewed concerns over euro zone’s sovereign debt weighed on investor sentiment. In the Asian session, at 4:00GMT, the EURUSD is trading at … Continue reading →