EUR/USD: Euro-zone’s producer price index rose less-than-expected in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1219 on Friday. On the data front, Euro-zone’s producer price index advanced 1.2% on an annual basis in June, undershooting market … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1255. In the US, data showed that the Philadelphia Fed manufacturing index climbed to a 1-year high level of 21.8 in … Continue reading

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EUR/USD: Eurozone’s consumer price inflation grew more-than-expected in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1227, amid upbeat inflation data in the Eurozone. On the data front, Eurozone’s consumer price index (CPI) rose 0.2% on a … Continue reading

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EUR/USD: Euro-zone’s trade surplus expanded more-than-estimated in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1211. On the macro front, Euro-zone’s seasonally adjusted trade surplus widened to €20.2 billion in May, surpassing market expectations for a … 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 0.05% against the USD and closed at 1.1262. In the US, data showed that the NY Empire State Manufacturing Index advanced to a 2-year high level of 4.3 … Continue reading

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EUR/USD: Euro-zone’s industrial production advanced more-than-expected in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1270 on Friday. On the macro front, the Euro-zone’s seasonally adjusted industrial production rose 0.9% on a monthly basis in May, … Continue reading

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EUR/USD: ECB hinted possibilities for further monetary policy easing

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1256. The European Central Bank, in the account of its latest policy meeting, indicated its readiness to provide fresh stimulus to … Continue reading

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EUR/USD: Fed Chairman hints at a near term rate cut

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1258. The US dollar declined against its major peers, following Federal Reserve Chairman, Jerome Powell’s dovish comments on the monetary policy. … 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 0.08% against the USD and closed at 1.1206. In the US, data showed that the NFIB small business optimism index fell to a level of 103.3 in in … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index unexpectedly declined in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.1215. On the data front, the Euro-zone’s Sentix investor confidence index unexpectedly declined to a level of -5.8 in July, marking … Continue reading

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EUR/USD: Germany’s factory orders declined at its sharpest pace since financial crisis in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.1225 on Friday. On the data front, Germany’s seasonally adjusted factory orders fell 2.2% on a monthly basis in May, marking … Continue reading

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