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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1360. In the US, data indicated that the US Chicago Fed national activity index unexpectedly fell to a level of -0.43 … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed in January, marking its lowest level in nine months

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1337 on Friday. On the data front, the Euro-zone’s final consumer price inflation slowed for the third consecutive month to 1.4% … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI fell to a 68-month low level in February, while services PMI rose to a 3-month high in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1336, on the back of dismal PMI data. Data showed that Euro-zone’s flash manufacturing PMI fell to a level of 49.2 … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1345. On the data front, the Euro-zone’s flash consumer confidence index advanced to a level of -7.4 in February, more than … Continue reading

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EUR/USD: Euro-zone’s current account surplus weakened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1339. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed to €16.2 billion in December, amid decline in … 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 0.05% against the USD and closed at 1.1312. In the Asian session, at GMT0400, the pair is trading at 1.1296, with the EUR trading 0.14% lower against the … Continue reading

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EUR/USD: Euro-zone’s trade surplus contracted more-than-estimated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1297 on Friday. Macroeconomic data showed that the Euro-zone’s seasonally adjusted trade surplus narrowed to €15.6 billion in December, amid decrease … Continue reading

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EUR/USD: Euro-zone’s economic growth slowed in 4Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1296. On the macro front, the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.2% on a quarterly basis in … Continue reading

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EUR/USD: Euro-zone’s industrial production declined for the second consecutive month in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1259. On the data front, the Euro-zone’s seasonally adjusted industrial production fell for the second consecutive month by 0.9% on 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 0.51% against the USD and closed at 1.1333. In the US data indicated that the US NFIB small business optimism index dropped to a two-year low level of … 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 declined 0.41% against the USD and closed at 1.1279. In the Asian session, at GMT0400, the pair is trading at 1.1279, with the EUR trading slightly higher against the … Continue reading

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