EUR/USD: Euro-zone’s economic growth slowed in 2Q 2019

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1026 on Friday. On the data front, Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.2% on a quarterly basis … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Germany’s factory orders eased more-than-expected in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1036. In economic news, Germany’s seasonally adjusted factory orders eased 2.7% on a monthly basis in July, compared to a revised … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s retail sales declined by the most since December 2018 in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.1034, as comments from European policymakers fuelled uncertainty over the scale of a European Central Bank stimulus package expected next week. … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone producer price index advanced as estimated in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.0971. On the data front, the Euro-zone producer price index (PPI) rose 0.2% on a yearly basis in July, meeting market … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing PMI contracted in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.0965. In economic news, Euro-zone’s final manufacturing PMI contracted to a level of 47.0 in August, meeting market consensus and confirming … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.60% against the USD and closed at 1.0993 on Friday. On the data front, Euro-zone’s preliminary consumer price index (CPI) rose 1.0% on an annual basis in August, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s consumer confidence index fell as estimated in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1059. On the data front, Euro-zone’s final consumer confidence index dropped to a level of -7.1 in August, at par with … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s M3 money supply rose more-than-anticipated in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1084. On the macro front, Euro-zone’s M3 money supply advanced 5.2% on a yearly basis in August, compared to a gain … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Germany’s economy contracted as initially estimated in 2Q 2019

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1092. On the macro front, Germany’s seasonally adjusted final gross domestic product (GDP) fell 0.1% on a quarterly basis in 2Q … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Germany’s Ifo business expectations index declined to a seven-year low level in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1100. On the data front, Germany’s Ifo business expectations index fell to a seven-year low level of 91.3 in August, amid … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro extends its losses in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1083. Data showed that Euro-zone’s manufacturing PMI unexpectedly rose to a level of 47.0 in August, defying market expectations for a … Continue reading

Posted in EUR/USD | Comments Off