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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1670. Macroeconomic data showed that the Euro-zone’s seasonally adjusted construction output rose 0.3% on a monthly basis, in July. In the … 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 rose 0.05% against the USD and closed at 1.1679. In the US, data showed that NAHB housing market index remained steady at 67.0 in September, while market participants had … Continue reading

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EUR/USD: Euro-zone’s inflation advanced as estimated in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1673. On the data front, the Euro-zone’s final consumer price index (CPI) climbed 2.0% on a yearly basis in August, in … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed to a four-year low level in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.1629 on Friday, On the data front, the Euro-zone’s seasonally adjusted trade surplus narrowed to a level of €12.8 billion in … Continue reading

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EUR/USD: ECB leaves its key interest rate unchanged, maintains guidance for quantitative easing

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.1690. The European Central Bank (ECB), at its September monetary policy meeting, decided to keep the benchmark interest rate steady at … Continue reading

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EUR/USD: Euro-zone’s industrial production unexpectedly decreased in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.1629. On the data front, Euro-zone’s industrial production unexpectedly slid 0.1% on an annual basis in July, defying market consensus for … 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 0.07% against the USD and closed at 1.1603. On the macro front, the Euro-zone’s ZEW economic sentiment index climbed to a level of -7.2 in September, following a … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence weakened in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1595. In the economic news, the Euro-zone’s Sentix investor confidence index slid to a level of 12.0 in September, compared to … Continue reading

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EUR/USD: Euro-zone’s economy expanded as anticipated in 2Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1560 on Friday. Data showed that, Euro-zone’s seasonally adjusted final gross domestic product (GDP) jumped 0.4% on a quarterly basis in … Continue reading

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EUR/USD: German factory orders declined in July, on trade worries

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1625. Macroeconomic data showed that Germany’s seasonally adjusted factory orders unexpectedly eased 0.9% on a monthly basis in July, weighed down … Continue reading

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EUR/USD: Euro-zone’s retails sales fell for the first time since April 2018 in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1633. On the data front, Euro-zone’s final Markit services PMI climbed to a level of 54.4 in August, in line with … Continue reading

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