EUR/USD: German investor confidence sharply picked-up in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1995, after data showed that German investor morale sharply improved in September. Data indicated that Germany’s ZEW economic sentiment index climbed … Continue reading

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EUR/USD: Euro-zone’s annual inflation growth confirmed at a 4-month high in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1957. On the economic front, the Euro-zone’s final consumer price index (CPI) rose to a four-month high of 1.5% on an … Continue reading

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EUR/USD: Euro-zone’s trade surplus shrunk in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.5% against the USD and closed at 1.1953 on Friday. On the macro front, the Euro-zone’s seasonally adjusted trade surplus narrowed more-than-expected to €18.6 billion in July, from … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1894. The greenback lost ground against its key peers, after North Korea issued an explicit threat to the US, stating that … Continue reading

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EUR/USD: Euro-zone’s industrial output rebounded as expected in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1893. On the data front, the Euro-zone’s seasonally adjusted industrial production rebounded 0.1% MoM in July, meeting market expectations and following … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1971. In economic news, the US NFIB small business optimism index surprisingly climbed to a level of 105.3 in August, compared … Continue reading

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EUR/USD: Euro trading marginally lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1964. On the macro front, Italy’s seasonally adjusted industrial production unexpectedly climbed 0.1% on a monthly basis in July, advancing for … Continue reading

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EUR/USD: German trade surplus narrowed in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.2032 on Friday. In economic news, Germany’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €19.5 billion in July, … Continue reading

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EUR/USD: ECB retained its benchmark interest rate at record low

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.81% against the USD and closed at 1.2022, after the European Central Bank (ECB) President, Mario Draghi, hinted that the long-awaited decision about scaling back the ECB’s quantitative … Continue reading

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EUR/USD: Germany’s factory orders fell for the first time in three months in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1925. On the data front, Germany’s seasonally adjusted factory orders unexpectedly dropped 0.7% on a monthly basis in July, defying market … Continue reading

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EUR/USD: Euro-zone’s services sector growth revised lower in August, while German services sector activity notched a 2-month high in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1921. In economic news, the Euro-zone’s final Markit services PMI fell more than initially estimated to a level of 54.7 in … Continue reading

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