EUR/USD: Low inflation warrants patience on monetary policy tightening: ECB’s Erkki Liikanen

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2407, following dovish comments from the European Central Bank (ECB) Governing Council member, Erkki Liikanen and softer-than-expected economic releases in the … Continue reading

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EUR/USD: Euro trading a tad lower this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.2451. In economic news, the final gross domestic product (GDP) in France rose more than initially estimated by 0.7% QoQ in … 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 0.20% against the USD and closed at 1.2354 on Friday. The US Dollar plummeted against a basket of major currencies on Friday, as fears over the impact of … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector growth cooled to an 8-month low in March, while services sector activity eased to a 5-month low in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2317, after the latest set of economic releases pointed to a moderation in economic activity across the Euro-zone. Data revealed that … Continue reading

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EUR/USD: Euro trading higher, ahead of key economic releases across the Eurozone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.2342. The US Dollar declined against a basket of major currencies, after the US Federal Reserve (Fed) raised the key interest … Continue reading

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EUR/USD: ZEW economic sentiment plummeted across the Euro-zone in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.2245, pressured by weaker-than-expected ZEW economic sentiment data across the Euro-zone. The Euro-zone’s ZEW economic sentiment index significantly declined to a … Continue reading

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EUR/USD: Euro-zone’s trade surplus narrowed to a 3-month low in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.2338, as investors wagered that the European Central Bank would raise interest rates sooner than previously estimated. On the macro front, … Continue reading

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EUR/USD: Euro-zone’s annual inflation unexpectedly revised lower in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.2285 on Friday, following dismal inflation figures from the Euro-bloc. Data revealed that the Euro-zone’s final consumer price index (CPI) increased … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s final consumer price inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.2306. The US Dollar advanced against a basket of major currencies, on upbeat US economic reports. Data revealed that the number … Continue reading

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EUR/USD: Monetary policy will remain patient, persistent and prudent: Mario Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.31% against the USD and closed at 1.2368, after the European Central Bank (ECB) President, Mario Draghi tempered expectations that the central bank could move to normalise its … Continue reading

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EUR/USD: Euro trading higher in the Asian session, ahead of Mario Draghi’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.48% against the USD and closed at 1.2393, as the Organisation for Economic Co-operation and Development (OECD) raised its growth forecast for Euro-zone to 2.3% in 2018 and … Continue reading

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