EUR/USD: European Central Bank kept its key interest rate unchanged

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.95% against the USD and closed at 1.1339, after the European Central Bank (ECB) increased the size of its Pandemic Emergency Purchase Program (PEPP) to support the economy. … Continue reading

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EUR/USD: Euro-zone’s Markit services PMI climbed to a three-month high level in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.1232. On the macro front, Euro-zone’s Markit services PMI climbed to 30.5 in May, compared to a level of 12.0 in … Continue reading

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EUR/USD: Euro extends its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1172. In the Asian session, at GMT0300, the pair is trading at 1.1196, with the EUR trading 0.21% higher against the … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing PMI advanced in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1132. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to 39.4 in May, compared to a reading of 33.4 in … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1099 on Friday. On the macro front, Euro-zone consumer price inflation slowed to 0.1% on yearly basis in May, marking its … Continue reading

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EUR/USD: Euro-zone’s economic confidence improved in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.1074. On the macro front, Euro-zone’s the economic sentiment indicator advanced to 67.5 in May, less than market expectations for a … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1014, after the European Commission proposed a stimulus plan to contain the effect of the coronavirus pandemic. European Central Bank (ECB) … Continue reading

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EUR/USD: Euro reverses its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.79% against the USD and closed at 1.0982. On the macro front, Germany’s GfK consumer confidence survey climbed to -18.9 in June, in line with market expectations and … Continue reading

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EUR/USD: Euro extends its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0896. The European Central Bank (ECB), in its latest monetary policy meeting accounts, indicated that it is “fully prepared” to provide … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing PMI climbed more-than-expected in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.0950. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to 39.5 in May, more than market expectations for a rise … Continue reading

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EUR/USD: Euro-zone’s consumer price inflation slowed in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.0980. On the macro front, Euro-zone’s consumer price inflation slowed to 0.3% on a yearly basis in April, recording its lowest … Continue reading

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