EUR/USD: Euro-zone’s consumer price inflation climbed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1161 on Friday, ahead of the upcoming European parliamentary elections next week. On the data front, the Euro-zone’s final consumer price … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.1174. Data showed that, in the Eurozone, seasonally adjusted trade surplus narrowed to €17.9 billion in March, driven by higher imports … Continue reading

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EUR/USD: Euro-zone’s economy grew less than expected in 1Q 2019

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1207. On the macro front, the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose 0.3% on a quarterly basis in … Continue reading

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EUR/USD: Euro-zone’s industrial production declined as estimated in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1207. On the data front, the Euro-zone’s seasonally adjusted industrial production fell 0.3% on a monthly basis in March, declining for … 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 marginally declined against the USD and closed at 1.1231. In the Asian session, at GMT0300, the pair is trading at 1.1233, with the EUR trading slightly higher against the … Continue reading

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EUR/USD: Germany’s trade surplus widened beyond market estimates in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.1230 on Friday. On the macro front, Germany’s seasonally adjusted trade surplus widened to €22.7 billion in March, compared to a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1220. In the US, data showed that the producer price index advanced 2.2% on an annual basis in April, undershooting market … Continue reading

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EUR/USD: Germany’s industrial production surprisingly rose for the second consecutive month in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1197. The European Central Bank (ECB) President, Mario Draghi, stated that the central bank would continue to maintain its inflation target … Continue reading

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EUR/USD: European Commission lowers Euro-zone’s growth outlook

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1192, after the European Commission downgraded its growth forecasts for the euro area. The European Union (EU), in its latest report, … Continue reading

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EUR/USD: Euro-zone’s services sector activity dropped to a 3-month low level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1200. On Friday, data showed that the Euro-zone’s preliminary consumer price index (CPI) rose 1.7% on an annual basis in April, … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI contracted less-than-estimated in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1175. On the macro front, the Euro-zone’s final manufacturing PMI contracted to a level of 47.9 in April, compared to a … Continue reading

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