EUR/USD: Germany’s factory orders advanced more-than-expected in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1201. In economic news, Germany’s seasonally adjusted factory orders rose 2.5% on a monthly basis in June, surpassing market consensus for … Continue reading

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EUR/USD: Euro-zone’s retail sales rose more-than-expected in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1107 on Friday. On the data front, Euro-zone’s retail sales advanced 1.1% on a monthly basis in June, surpassing market consensus … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI contracted at its quickest rate since 2012 in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1080. On the data front, Euro-zone’s final manufacturing PMI contracted to a level of 46.5 in July, declining to its lowest … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed to a 17-month low in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.1078. On the macro front, Euro-zone’s seasonally adjusted flash gross domestic product (GDP) climbed 1.1% on an annual basis in 2Q … Continue reading

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EUR/USD: Euro-zone’s economic sentiment index declined to a 3-year low level in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.11157. On the data front, Euro-zone’s final consumer confidence index recorded an advance to a level of -6.6 in July, meeting … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1145. In the US, data showed that the Dallas Fed manufacturing business index rose to a level of -6.3 in July, … 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 0.19% against the USD and closed at 1.1125 on Friday. The US dollar rose against a basket of currencies, following better-than-expected US gross domestic product (GDP) data. In … Continue reading

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EUR/USD: ECB left its interest rate unchanged at 0.00%; signals further stimulus

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1146. The European Central Bank (ECB) left its benchmark interest rate unchanged at 0.00% and indicated that interest rates would remain … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI fell to its lowest level in more than 6.5 years in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1142, amid disappointing economic data and ahead of European Central Bank’s rate decision. On the macro front, Euro-zone’s flash manufacturing PMI … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index rebounded in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.51% against the USD and closed at 1.1152. On the data front, Euro-zone’s preliminary consumer confidence index climbed to a level of -6.6 in July, compared to a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.1209. In the US, data showed that the Chicago Fed National Activity Index rose to a level of -0.02 in June, … Continue reading

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