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EUR/USD: German annual inflation advanced above expectations in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.2081, following an unexpected drop in German retail sales data. On the economic front, Germany’s flash consumer price index (CPI) advanced … Continue reading
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EUR/USD: German unemployment rate remained unchanged in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.2128 on Friday. On the macro front, the Euro-zone’s final consumer confidence index rose to a level of 0.4 in April, … Continue reading
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EUR/USD: ECB leaves benchmark interest rate unchanged at 0.00%, flags confidence over growth outlook
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.53% against the USD and closed at 1.2105, after the European Central Bank (ECB) Chief, Mario Draghi, acknowledged recent softness in the Euro-zone economy. The ECB, at its … Continue reading
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EUR/USD: Euro trading a tad higher, ahead of ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.53% against the USD and closed at 1.2169, after the German government trimmed Germany’s 2018 growth outlook. The Euro-zone’s largest economy is expected to grow 2.3% in 2018, … Continue reading
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EUR/USD: German business morale at a more than 1-year low in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.2234. Macroeconomic data indicated that Germany’s Ifo business climate index declined more-than-anticipated to a level of 102.1 in April, hitting its … Continue reading
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EUR/USD: Euro-zone’s manufacturing sector growth at a 14-month low in April, while services sector activity surprisingly advanced in the same month
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.2208, after downbeat manufacturing sector data across the Euro-zone stoked concerns about the loss of economic momentum in the common currency … Continue reading
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EUR/USD: Euro-zone’s consumer confidence surprisingly rose in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.2282 on Friday. Separately, the US dollar rose against a basket of currencies on Friday, boosted by higher US Treasury yields. … Continue reading
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EUR/USD: Euro trading lower this morning, ahead of the Euro-zone’s consumer confidence data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.2344. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted current account surplus narrowed to €35.1 billion in February, from a revised … Continue reading
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EUR/USD: Euro-zone’s annual inflation revised lower in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.2380. On the data front, the Euro-zone’s final consumer price index (CPI) grew less than initially estimated by 1.3% on a … Continue reading
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EUR/USD: German investor morale deteriorated to a more than 5-year low in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.2372 as the latest data offered further evidence of a decline in investor optimism across the Euro-zone. Data indicated that the … Continue reading
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EUR/USD: Euro trading flat, ahead of the ZEW economic sentiment survey across the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.39% against the USD and closed at 1.2382. The US Dollar declined against its major counterparts, amid renewed geopolitical tensions after the US President, Donald Trump, accused Russia … Continue reading
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