EUR/USD: Euro-zone’s Sentix investor confidence index eased for the third straight month in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.1411. On the macro front, the Euro-zone’s Sentix investor confidence index eased for the third consecutive month to a 24-month low … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector activity declined to a 26-month low level in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1397 on Friday. On the data front, the Euro-zone’s final manufacturing PMI fell to a 26-month low level of 52.0 in … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.77% against the USD and closed at 1.1405. In the US, data indicated that the US final Markit manufacturing PMI climbed to a level of 55.7 in October, … Continue reading

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EUR/USD: Euro-zone’s annual inflation accelerated to a six-year high level in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.1318. Data showed that the Euro-zone’s flash consumer price index (CPI) advanced 2.2% on an annual basis in October, notching its … Continue reading

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EUR/USD: Euro-zone’s economy expanded at its weakest pace in 4-years in 3Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1344, as Euro-zone’s third quarter GDP growth slowed and economic confidence deteriorated, triggering fears over the region’s economic growth prospects. 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 0.16% against the USD and closed at 1.1375. The US dollar rose against a basket of currencies yesterday, amid reports that the US is planning to impose additional … Continue reading

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EUR/USD: Euro reverses its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1420 on Friday. In the US, data revealed that the US preliminary annualised gross domestic product (GDP) climbed 3.5% on a … Continue reading

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EUR/USD: The ECB kept its benchmark interest rate unchanged and reaffirmed plans to end stimulus program in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1375. The European Central Bank (ECB), in its October monetary policy meeting, decided to keep its benchmark interest rate steady at … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing and services PMIs posted sharp losses in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.63% against the USD and closed at 1.14398, amid dismal economic data. In the economic news, the Eurozone’s flash manufacturing PMI slid to a 26-month low level of … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index surprisingly climbed in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1470. On the macro front, the Euro-zone’s preliminary consumer confidence index unexpectedly rose to a level of -2.7 in October, confounding … Continue reading

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EUR/USD: Euro trading slightly lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1465, amid continuing political uncertainty over Italy’s budget. In the US, data indicated that, the Chicago Fed national activity index eased … Continue reading

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