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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 0.74% against the USD and closed at 1.1533, after the European Union leaders agreed on a €750 billion coronavirus rescue package to aid recovery from the economic drag … Continue reading
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EUR/USD: Euro-zone’s current account unexpectedly surplus narrowed in May
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1448. On the macro front, Euro-zone’s current account surplus unexpectedly narrowed to €8.0 billion in May, defying market forecast for a … Continue reading
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EUR/USD: Euro-zone’s consumer price index rose in June
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.48% against the USD and closed at 1.1439 on Friday. On the macro front, Euro-zone’s consumer price index rose 0.3% in June, compared to a drop of 0.1% … Continue reading
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EUR/USD: ECB keeps interest rates on hold
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1384. On the macro front, Euro-zone’s trade surplus widened to £8.0 billion in May, amid easing of coronavirus-led lockdown restrictions and … Continue reading
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EUR/USD: Euro reverses its gains in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1415. In the US, industrial production climbed 5.4% on a monthly basis in June, more than market forecast for a rise … Continue reading
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UR/USD: Euro-zone’s industrial production rebounded less than expected in May
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.56% against the USD and closed at 1.1409. On the macro front, Euro-zone’s ZEW survey economic sentiment climbed to 59.6 in July, less than market forecast for a … Continue reading
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EUR/USD: Euro trading a tad lower in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1346. In the US, budget deficit widened more-than-expected to $864.0 billion in June, following a budget deficit of $399.0 billion in … 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 0.16% against the USD and closed at 1.1304 on Friday. In the US, the producer price index slid 0.2% on the monthly basis in June, compared to a … Continue reading
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EUR/USD: Euro extends its losses in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.1286. On the macro front, Germany’s trade surplus widened to €7.6 billion in May, more than market expectations for a surplus … 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 0.52% against the USD and closed at 1.1333. In the US, consumer credit dropped by $18.3 billion in May, more than market expectations and compared to a revised … Continue reading
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EUR/USD: EU cuts economic forecasts for the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1274, after the European Commission downgraded its 2020 growth forecast for the euro area. The European Commission forecasted that the Euro-area … Continue reading
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