EUR/USD: Euro trading a tad lower 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 1.1289. The US dollar declined against the euro, amid downbeat US consumer inflation data. In the US, data showed that the … Continue reading

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EUR/USD: Germany’s industrial production unexpectedly fell in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1265. In economic news, Germany’s seasonally adjusted industrial production unexpectedly fell 0.8% on a monthly in January, amid decline in automobile … Continue reading

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EUR/USD: Germany’s factory orders declined at its fastest pace in seven months in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1242 on Friday. On the macro front, Germany’s seasonally adjusted factory orders unexpectedly fell 2.6% on a monthly basis in January, … Continue reading

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EUR/USD: The ECB kept its benchmark interest rate unchanged, downgraded growth forecast

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.01% against the USD and closed at 1.1195, after the European Central Bank (ECB) decided not to raise interest rates until 2020 and slashed its growth forecast for … Continue reading

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EUR/USD: The OECD lowered its global growth outlook

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1309. On the macro front, the Germany’s Markit construction PMI advanced to a level of 54.7 in February, following a reading … Continue reading

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EUR/USD: Euro trading on a weaker footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.31% against the USD and closed at 1.1302. On the macro front, Euro-zone’s seasonally adjusted retail sales advanced at its fastest pace in three months by 2.2% on … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index advanced in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1337. On the data front, the Euro-zone’s Sentix investor confidence index jumped to a level of -2.2 in March, compared to … Continue reading

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EUR/USD: Euro-zone’s unemployment rate remained unchanged at a 10-year low rate in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1371 on Friday. Data indicated that the Euro-zone’s unemployment rate remained steady at a 10-year low rate of 7.8% in January, … Continue reading

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EUR/USD: Germany’s consumer price index rose more-than-expected in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1371. The US dollar rose against a basket of currencies yesterday, following stronger than expected US fourth quarter gross domestic product … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index rose as estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1375. Macroeconomic data showed that that the Euro-zone’s final consumer confidence index climbed for a second consecutive month to a level … Continue reading

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EUR/USD: Germany’s Gfk consumer confidence index remained steady in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1393. On the macro front, Germany’s Gfk consumer confidence index remained steady at a level of 10.8 in March, at par … Continue reading

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