EUR/USD: Euro-zone’s unemployment rate declined to its lowest level in 10-years in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1552. On macro front, the Euro-zone’s unemployment rate unexpectedly tumbled to decade low level of 7.9% in November, compared to a … Continue reading

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EUR/USD: Euro-zone’s economic sentiment indicator tumbled to a two-year low level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1444, after an unexpected drop in Germany’s industrial output raised fears of a prolonged slowdown in the euro area. Macroeconomic data … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index eased to a four-year low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.1478. On macro front, the Euro-zone’s Sentix investor confidence index fell for the fifth consecutive month to a four-year low level … Continue reading

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EUR/USD: Euro-zone’s inflation slowed to a eight-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 1.1399 on Friday. Data indicated that the Euro-zone’s flash consumer price inflation slowed more than expected to 1.6% on a yearly … 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 rose 0.33% against the USD and closed at 1.1395. The US dollar declined against its major peers, following disappointing factory data. Data showed that the US ISM manufacturing activity … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing PMI declined to its lowest level since February 2016 in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.87% against the USD and closed at 1.1346, amid weak manufacturing PMI data across the euro-bloc. Macroeconomic data showed that the Euro-zone’s final manufacturing PMI dropped to a … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR remained steady against the USD and closed at 1.1466. In the US, data indicated that the US Dallas Fed manufacturing business index sharply declined to a level of -5.1 … Continue reading

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EUR/USD: Germany’s consumer price inflation slowed sharply in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1446 on Friday. Data indicated that Germany’s flash consumer price inflation (CPI) slowed more than expected to 1.7% on a yearly … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1431. The European Central Bank’s (ECB), in its monthly economic bulletin, indicated that significant monetary policy stimulus is still required, in … 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 0.48% against the USD and closed at 1.1357. In the US, data indicated that the Richmond Fed manufacturing index unexpectedly declined to a level of -8.0 in December, … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index dropped in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1365 on Friday. On the macro front, the Euro-zone’s preliminary consumer confidence index declined to a level of -6.2 in December, … Continue reading

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