EUR/USD: Euro-zone’s manufacturing PMI unexpectedly dropped to a seven-year low level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.0994, amid dismal PMI data across the euro bloc. On the macro front, Euro-zone’s flash manufacturing PMI unexpectedly eased to a … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index rose to a 4-month high level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1019 on Friday. On the macro front, Euro-zone’s preliminary consumer confidence index advanced to a 4-month high level of -6.5 in … Continue reading

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EUR/USD: Euro-zone’s current account surplus widened more-than-estimated in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1045. On the macro front, Euro-zone’s seasonally adjusted current account surplus widened to €20.6 billion in July, more than market expectations … Continue reading

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EUR/USD: Euro-zone’s inflation advanced as estimated in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1030. On the macro front, Euro-zone’s final consumer price index (CPI) advanced 1.0% on an annual basis in August, at par … Continue reading

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EUR/USD: Euro-zone’s economic sentiment index rose more-than-expected in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1070. On the data front, Euro-zone’s economic sentiment index rose to a level of -22.4 in September, more than market expectations … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1003. In the US, data showed that the NY Empire State manufacturing index fell to 2.0 in September, more than market … Continue reading

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EUR/USD: Euro-zone’s trade surplus widened in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1078 on Friday. On the data front, Euro-zone’s seasonally adjusted trade surplus unexpectedly widened to €19.0 billion in July, amid surge … Continue reading

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EUR/USD: The ECB trims its deposit rate to a record low level and relaunches its bond purchases

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1058. On the data front, Euro-zone’s seasonally adjusted industrial production unexpectedly declined 0.4% on a monthly basis in July, defying market … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1009. In the US, data showed the producer price index (PPI) rose 1.8% on a yearly basis in August, compared to … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1047. In the US, data showed that the NFIB small business optimism index fell to a 5-month low level of 103.1 … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index unexpectedly advanced in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1049. On the data front, Euro-zone’s Sentix investor confidence index unexpectedly rose to a level of -11.1 in September, defying market … Continue reading

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