EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1250. Yesterday, the European Central Bank (ECB) President Mario Draghi hinted that there could be another delay in rate hikes, if … Continue reading

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EUR/USD: Germany’s Gfk consumer confidence index unexpectedly dropped in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1276. On the macro front, Germany’s Gfk consumer confidence index unexpectedly fell to a level of 10.4 in April, defying market … Continue reading

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EUR/USD: Germany’s Ifo business climate index unexpectedly climbed in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.1315. Data indicated that Germany’s Ifo business climate index unexpectedly advanced to a level of 99.6 in March, marking its first … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI contracted at its fastest pace in six years in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.69% against the USD and closed at 1.1296 on Friday, following downbeat manufacturing data across the euro area. On the data front, the Euro-zone’s flash manufacturing PMI unexpectedly … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index improved in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1375. Data indicated that the Euro-zone’s flash consumer confidence index rose to a level of -7.2 in March, compared to a … Continue reading

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EUR/USD: Germany’s producer price index rose less-than-estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.1426. On the macro front, Germany’s producer price index climbed 2.6% on an annual basis in February, undershooting market expectations for … Continue reading

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EUR/USD: Euro-zone’s ZEW economic sentiment index climbed in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1353. On the data front, the Euro-zone’s seasonally adjusted construction output dropped 1.4% on a monthly basis in January. In the … Continue reading

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EUR/USD: Euro-zone’s trade surplus widened in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1335. On the macro front, the Euro-zone’s seasonally adjusted trade surplus expanded to €17.0 billion in January, amid rise in exports … Continue reading

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EUR/USD: Euro-zone’s consumer price index advanced as estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1318 on Friday, after Euro-zone’s consumer inflation advanced as estimated in February. On the macro front, the Euro-zone’s final consumer price … Continue reading

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EUR/USD: Germany’s consumer price index rose less-than-estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1306. In economic news, data indicated that Germany’s final consumer price index (CPI) advanced 1.5% on an annual basis in February, … Continue reading

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EUR/USD: Euro-zone’s industrial production advanced more-than-estimated in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1337. On the data front, the Euro-zone’s seasonally adjusted industrial production advanced 1.4% on a monthly basis in January, compared to … Continue reading

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