EUR/USD: German producer price inflation declined to a 4-month low level in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.1873. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed to €30.8 billion in October, after recording a … Continue reading

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EUR/USD: German Ifo business confidence deteriorated in December, amid political impasse

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1841, shrugging off downbeat economic releases across the Euro-zone. Data showed that the Euro-zone’s seasonally adjusted construction output slid 0.4% on … Continue reading

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EUR/USD: Eurozone inflation advanced as expected in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1783, after data showed that the Eurozone’s consumer price index (CPI) rose at an annual rate of 1.5% in November, in … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1756 on Friday, after the Euro-zone’s seasonally adjusted trade surplus narrowed to a three-month low of €19.0 billion in October, amid … Continue reading

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EUR/USD: ECB kept interest rates at record low, lifted Euro-zone’s growth forecasts

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1767, after the European Central Bank (ECB) boosted the Euro-zone’s 2018 economic growth and inflation forecasts, but stuck with its pledge … Continue reading

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EUR/USD: Euro-zone’s industrial output surprisingly rebounded in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.1823, after data showed that the Euro-zone’s seasonally adjusted industrial production unexpectedly rebounded 0.2% on a monthly basis in October, confounding … Continue reading

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EUR/USD: German investor confidence cooled for the first time in 4 months in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.3% against the USD and closed at 1.1738, following the release of downbeat ZEW economic sentiment data across the Euro-zone. The Euro-zone’s ZEW economic sentiment index declined to … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ZEW economic sentiment survey

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1773. On the macro front, Italy’s seasonally adjusted retail sales unexpectedly eased 1.0% on a monthly basis in October, dipping to … Continue reading

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EUR/USD: Germany’s trade surplus sharply narrowed in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1768 on Friday, after Germany’s seasonally adjusted trade surplus narrowed more-than-expected to €18.9 billion in October, as exports recorded a surprise … Continue reading

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EUR/USD: Euro-zone’s economic growth confirmed at 0.6% in the three months to September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1776, after Germany’s seasonally adjusted industrial production unexpectedly declined 1.4% on a monthly basis in October, posting its biggest drop in … Continue reading

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EUR/USD: Germany’s factory orders posted an unexpected rise in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1805, after Germany’s Markit construction PMI fell to a ten-month low level of 53.1 in November, hinting that the nation’s construction … Continue reading

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