EUR/USD: Euro-zone’s producer prices accelerated to a 12-month high level in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1659. On the data front, Euro-zone’s producer price index (PPI) climbed to 3.0% on annual basis in May, marking a 12-month … Continue reading

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EUR/USD: Euro-zone’s manufacturing activity eased to an 18-month low level in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1640, amid political uncertainty in Germany concerning the migration policy. Macroeconomic data revealed that Euro-zone’s final Markit manufacturing PMI dropped to … 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 1.00% against the USD and closed at 1.1680 on Friday. In the economic news, the Euro-zone’s preliminary consumer price index climbed 2.0% on an annual basis in June, … Continue reading

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EUR/USD: Euro trading on a stronger footing, after EU leaders reach a deal on migration

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.03% against the USD and closed at 1.1564. The ECB, in its economic bulletin, signalled downside risks to the global growth and confirmed the end of asset purchases. … 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 0.77% against the USD and closed at 1.1560 The US dollar gained ground against the basket of currencies, after the US President Donald Trump called for softer restrictions … 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 declined 0.45% against the USD and closed at 1.1650. In the US, data showed that CB consumer confidence index eased to a level of 126.4 in June, suggesting a … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1703. Macroeconomic data indicated that Germany’s Ifo business climate index dropped to a six-month low level of 101.8 in June, in … 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 0.45% against the USD and closed at 1.1660 on Friday. Data indicated that the Euro-zone’s flash Markit manufacturing PMI dropped to a level of 55.0 in June, in … Continue reading

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EUR/USD: Eurozone consumer confidence drops to lowest reading since October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1608 On the macro front, the Euro-zone’s preliminary consumer confidence index unexpectedly declined to a level of -0.5 in June, amid … Continue reading

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EUR/USD: Euro trading on a weaker footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1576. Data showed that Germany’s producer price index (PPI) advanced more-than-anticipated by 2.7% on a yearly basis in May, reaching its … Continue reading

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EUR/USD: Euro trading on a negative footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1589. On the economic front, Euro-zone’s seasonally adjusted current account surplus narrowed more than expected to €28.4 billion in April, compared … Continue reading

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