EUR/USD: Euro-zone’s construction output declined to a 3-month low level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.1237. On the macro front, the Euro-zone’s seasonally adjusted construction output eased to a 3-month low level of 0.8% on a … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed to a 5-month low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1195 after the European Central Bank’s President, Mario Draghi, pledged to ease the monetary policy or provide more asset purchases, if … 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 slightly declined against the USD and closed at 1.1221. In the US, data indicated that the NY Empire State manufacturing index dropped to a 3-year low level of -8.6 … 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 0.64% against the USD and closed at 1.1207. The US dollar gained ground against major currencies, amid upbeat domestic retail sales data. In the US, data showed that … Continue reading

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EUR/USD: Euro-zone’s industrial production declined at its fastest pace in 4 months in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1279. On the data front, Euro-zone’s seasonally adjusted industrial production slid 0.5% on a monthly basis in April, declining at its … 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 declined 0.31% against the USD and closed at 1.1293. In the US, data showed that the consumer price index (CPI) advanced 1.8% on a yearly basis in May, falling … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1328. In economic news, Euro-zone’s Sentix investor confidence index fell to a level of -3.3 in June, surpassing market expectations for … 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 slightly rose against the USD and closed at 1.1314. In the US, data showed that the JOLTs job openings unexpectedly fell to a level of 7449.0K in April, compared … Continue reading

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EUR/USD: Germany’s trade surplus narrowed more-than-expected in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.1334 on Friday. On the data front, Germany’s seasonally adjusted trade surplus narrowed to €17.0 billion in April, undershooting market consensus … Continue reading

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EUR/USD: ECB left its key interest rate unchanged, delays rate hike

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1278, after the European Central Bank (ECB) postponed its interest rate hike deadline. The ECB, in its June monetary policy meeting, … Continue reading

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EUR/USD: Euro-zone’ s services sector activity surprisingly rose in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1229. In economic news, Euro-zone’ s final services PMI unexpectedly rose to a level of 52.9 in May, compared to a … Continue reading

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