EUR/USD: Euro-zone’s services sector growth notched a more than 10-year high in January, while activity in Germany’s services sector surged to a nearly 7-year high in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.2400, after latest data confirmed that economic growth across the Euro-zone continued its staggering rate of expansion in the new year. … Continue reading

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EUR/USD: Euro-zone’s economic sentiment jumped to a 6-month high level in January, while Germany’s investor mood improved to an 8-month high level in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.2297, following better-than-expected ZEW economic sentiment surveys across the common currency region as well as robust consumer confidence data in the … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of the ZEW economic sentiment survey across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.2258, following encouraging political developments in Germany, as the Social Democrats (SPD) voted in favour of pursuing coalition talks with Angela … Continue reading

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EUR/USD: Euro-zone’s current account surplus increased in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.1% against the USD and closed at 1.2232 on Friday. In economic news, the Euro-zone’s seasonally adjusted current account surplus widened to €32.5 billion in November, after dropping … 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 0.61% against the USD and closed at 1.2244. The greenback nursed losses against its key counterparts, as investors were grappled with concerns of a possible US government shutdown … Continue reading

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EUR/USD: Euro-zone’s annual inflation slowed as expected in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.73% against the USD and closed at 1.2170, after a couple of officials from the European Central Bank (ECB) voiced worries over the common currency’s sharp rally. On … Continue reading

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EUR/USD: Germany’s inflation slowed as initially estimated in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.2260, after few members of the center-left Social Democrats (SPD) voted against opening coalition talks with German Chancellor, Angela Merkel’s conservative, … Continue reading

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EUR/USD: Euro-zone’s trade surplus widened in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.2264, after the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to €22.5 billion in November, amid an increase in exports, thus … Continue reading

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EUR/USD: German leaders agreed on new coalition talks

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.21% against the USD and closed at 1.2179 on Friday, following news that German Chancellor, Angela Merkel’s conservative CDU party has reached an initial deal with Martin Schulz’s … Continue reading

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EUR/USD: Officials may revisit policy guidance soon: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.68% against the USD and closed at 1.2033, after the European Central Bank (ECB) unveiled upbeat minutes from its December policy meeting. Minutes showed that the Governing Council … Continue reading

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EUR/USD: Euro trading flat in the Asian session, ahead of ECB’s December meeting minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1952. In economic news, industrial production in France retreated 0.5% on a monthly basis in November, meeting market expectations and compared … Continue reading

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