EUR/USD: Euro-zone’s producer price inflation accelerated in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.1583. On the macro front, the Euro-zone’s producer price index (PPI) advanced to 4.0% on an annual basis in July, boosted … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s manufacturing activity slowed in August, marking its weakest growth since November 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1617. On the macro front, Euro-zone’s final manufacturing PMI fell to 54.6 in August, in line with market expectations and confirming … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s inflation slowed in August, while jobless rate declined in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1607 on Friday. On the macro front, Euro-zone’s flash consumer price index (CPI) climbed 2.0% on an annual basis in August, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s economic confidence weakened for the eighth-consecutive month in August in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1663. On the macro front, the Euro-zone’s final consumer confidence index slid to a level of -1.9 in August, confirming the … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1707. On the data front, Germany’s Gfk consumer confidence index unexpectedly slid to a level of 10.5 in September, defying market … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1695. On the data front, the Euro-zone’s M3 money supply grew at a slower than expected pace of 4.0% on a … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: German economy expanded as initially estimated in 2Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1681. On Friday, Germany’s seasonally adjusted final gross domestic product (GDP) advanced 0.5% on a quarterly basis in 2Q 2018, at … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro-zone’s consumer confidence dipped to a 15-month low level in August, while manufacturing activity cooled to a 21-month low and services activity slid to a 23-month low in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1539, amid dismal economic data. On the data front, the Euro-zone’s preliminary consumer confidence index dropped to a 15-month low level … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1597. In the US, data showed that, US existing home sales unexpectedly slid 0.7% to a level of 5.34 million on … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.73% against the USD and closed at 1.1574. The US dollar weakened against the euro, following US President, Donald Trump’s critical comments over the Federal Reserve’s interest rate … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.1490. On the macro front, Euro-zone’s seasonally adjusted construction output rose 0.2% on a monthly basis in June, for the third … Continue reading

Posted in EUR/USD | Comments Off