EUR/USD: Euro-zone’s consumer price inflation slowed in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1253. Macroeconomic data showed that Euro-zone’s final consumer price inflation slowed to 1.2% on an annual basis in May, compared to … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector activity fell for the fourth consecutive month in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.1245. On the macro front, the Euro-zone’s final manufacturing PMI dropped to a level of 47.7 in May, contracting for the … Continue reading

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EUR/USD: Germany’s consumer price inflation slowed in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1169 on Friday. Macroeconomic data showed that Germany’s preliminary consumer price inflation (CPI) slowed to 0.2% on a monthly basis in … 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 declined against the USD and closed at 1.1133. In the US, data showed that the second estimate of annualised gross domestic product (GDP) advanced 3.1% on a quarterly … Continue reading

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EUR/USD: Germany’s unemployment rate unexpectedly advanced for the first time since 2013 in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1137. On the macro front, Germany’s seasonally adjusted unemployment rate unexpectedly climbed to 5.0% in May, rising for the first time … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index advanced in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1165. On the data front, the Euro-zone’s final consumer confidence index rose to a level of -6.5 in May, in line … 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 0.18% against the USD and closed at 1.1193, following reports that the European Union is planning to take disciplinary action against Italy for its failure to meet budget … Continue reading

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EUR/USD: Euro-zone’s manufacturing and services PMI’s unexpectedly declined in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1183. On the macro front, the Euro-zone’s manufacturing PMI unexpectedly contracted to a level of 47.7 in May, defying market expectations … 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 0.07% against the USD and closed at 1.1156. In the US, data showed that the MBA mortgage applications rose 2.4% on a weekly basis in the week ended … Continue reading

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EUR/USD: OECD raises Euro-zone’s growth forecast to 1.4% in 2020

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1164. On the macro front, the Euro-zone’s flash consumer confidence index advanced to a 7-month high level of -6.5 in May, … Continue reading

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EUR/USD: Euro-zone’s current account surplus narrowed in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1168. In economic news, the Euro-zone’s seasonally adjusted current account surplus unexpectedly narrowed to €24.7 billion in March, compared to a … Continue reading

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