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EUR/USD: Euro-zone’s trade surplus surprisingly widened in February
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.2339 on Friday. On the economic front, the Euro-zone’s seasonally adjusted trade surplus unexpectedly widened to €21.0 billion in February, while … Continue reading
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EUR/USD: Officials expressed fears over global trade war and strengthening Euro: ECB minutes
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2328, after minutes of the European Central Bank’s (ECB) March meeting highlighted concerns around global trade conflict as well as the … Continue reading
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EUR/USD: Euro trading marginally lower, ahead of ECB’s latest meeting minutes
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.2369. Yesterday, the European Central Bank (ECB) President, Mario Draghi stated that trade tariffs announced by the US and China are … Continue reading
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EUR/USD: Euro trading flat in the Asian session, ahead of ECB President’s speech
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2358, after hawkish comments from the European Central Bank (ECB) policymaker, Ewald Nowotny reinvigorated hopes that the central bank will soon … Continue reading
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EUR/USD: Euro-zone’s Sentix investor confidence deteriorated in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.2322, after the European Central Bank (ECB) President, Mario Draghi, expressed confidence that inflation in the common currency region would accelerate … Continue reading
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EUR/USD: Germany’s industrial output plunged in February, while construction sector contracted in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2285 on Friday. On the economic front, Germany’s seasonally adjusted industrial production unexpectedly eased 1.6% on a monthly basis in February, … Continue reading
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EUR/USD: Services sector growth revised lower across the Euro-zone in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2242, after the services sector activity across the Euro-bloc slowed more than initially estimated in March. In the Euro-zone, data showed … Continue reading
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EUR/USD: Euro-zone’s annual inflation picked-up for the first time since November 2017 in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.2285, following impressive set of inflation and employment figures from the Euro-bloc. Data showed that the Euro-zone’s preliminary consumer price index … Continue reading
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EUR/USD: Euro-zone’s manufacturing sector growth confirmed at an 8-month low in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2272, following a slowdown in manufacturing sector activity across the Euro-zone. The Euro-zone’s final Markit manufacturing PMI declined to an 8-month … Continue reading
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EUR/USD: Germany’s annual inflation grew less-than-expected in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.2301. On Thursday, data revealed that Germany’s preliminary consumer price index (CPI) advanced less-than-anticipated by 1.6% on an annual basis in … Continue reading
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EUR/USD: Germany’s consumer sentiment surprisingly improved in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.79% against the USD and closed at 1.2309. In economic news, Germany’s GfK consumer confidence index unexpectedly rose to a level of 10.9 in April, defying market expectations … Continue reading
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