EUR/USD: ECB Chief Mario Draghi warns of downside risks to the euro area

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.72% against the USD and closed at 1.1301, after the European Central Bank’s (ECB) Chief, Mario Draghi warned of downside risks to the Euro-zone’s economy and cautioned that … Continue reading

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EUR/USD: Euro-zone’s consumer sentiment improved in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1383. On the data front, Euro-zone’s flash consumer confidence index rose to a level of -7.9 in January, compared to a … Continue reading

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EUR/USD: Euro-zone’s ZEW economic sentiment index advanced in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1363. Data revealed that the Euro-zone’s ZEW economic sentiment index rose to a level of -20.9 in January, compared to a … Continue reading

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EUR/USD: Germany’s producer price index declined to a 7-month low level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1370. Data indicated that the Germany’s producer price inflation slowed to a 7-month low level of 2.7% on an annual basis … 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 declined 0.25% against the USD and closed at 1.1367 on Friday. On the data front, Euro-zone’s seasonally adjusted current account surplus narrowed more-than-expected to €20.30 billion in November, compared … Continue reading

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EUR/USD: Euro-zone’s final consumer price inflation slowed to its lowest level in 8-months in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1389. On macro front, the Euro-zone’s final consumer price inflation slowed to its lowest level in 8-months to 1.6% on an … Continue reading

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EUR/USD: Germany’s consumer price inflation hits its lowest level in 8-months in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1397, amid concerns over Euro-zone’s growth outlook. Data revealed that Germany’s final consumer price index (CPI) eased 1.7% on a yearly … Continue reading

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EUR/USD: Euro-zone’s trade surplus widened beyond expectations in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1411, after the European Central Bank President, Mario Draghi warned that Euro-zone’s economic growth has been weaker than expected, amid rising … Continue reading

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EUR/USD: Euro-zone’s industrial production dropped more than expected in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1469. Data indicated that the Euro-zone’s seasonally adjusted industrial production fell by 1.7% on a monthly basis in November, registering its … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.49% against the USD and closed at 1.1465 on Friday. In the US, data showed that the US consumer price index (CPI) advanced 1.9% on an annual basis … 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 declined 0.51% against the USD and closed at 1.1499. In the US, data revealed that the US number of Americans filing applications for fresh jobless benefits dropped to a … Continue reading

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