EUR/USD: Robust growth expected to continue in the near term: ECB economic bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2249. Yesterday, the European Central Bank (ECB), in its latest economic bulletin report, stated that the Euro-zone economy is expected to … Continue reading

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EUR/USD: Euro-zone economy to show robust growth this year and next: European Commission

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.03% against the USD and closed at 1.2259, following downbeat industrial output data from Germany and reports that leader of Social Democrats (SPD), Martin Schulz, would not be … Continue reading

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EUR/USD: Germany’s factory orders soared to a 4-month high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.2380, following a pair of upbeat economic releases in Germany. Data revealed that Germany’s seasonally adjusted factory orders rebounded more-than-anticipated by … Continue reading

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EUR/USD: Recent surge in Euro ‘new headwind’ for inflation, warns ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.2378, after the European Central Bank (ECB) President warned of recent volatility in the Euro. The ECB Chief, Mario Draghi, cautioned … Continue reading

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EUR/USD: Euro-zone’s annual producer prices rose at its weakest pace since July 2017 in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2494 on Friday. On the economic front, the Euro-zone’s producer price index (PPI) climbed 2.2% on an annual basis in December, … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector growth slowed as initially estimated in January, while Germany’s manufacturing activity revised lower in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.73% against the USD and closed at 1.2506. On the macro front, the Euro-zone final Markit manufacturing PMI eased to a level of 59.6 in January, confirming the … Continue reading

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EUR/USD: Euro-zone’s annual inflation growth cooled to a 6-month low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined slightly against the USD and closed at 1.2417. Macroeconomic data showed that the Euro-zone’s flash consumer price index (CPI) rose 1.3% on an annual basis in January, meeting … Continue reading

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EUR/USD: Euro-zone’s economy grew as expected in 4Q 2017, while German inflation missed expectations in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.2404, after data showed that the common currency region posted another quarter of strong growth. The Euro-zone’s seasonally adjusted flash gross … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.2384. On the economic front, Germany’s import price index rose 1.1% YoY in December, in line with market expectations and compared … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.2421 on Friday. On the data front, consumer confidence in France unexpectedly fell to a level of 104.0 in January, against … Continue reading

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EUR/USD: ECB kept its monetary policy unchanged, warned over surging Euro

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.2383, after the European Central Bank (ECB) President, Mario Draghi expressed worries over volatility in the Euro. The ECB, in a … Continue reading

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