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EUR/USD: Euro-zone’s producer prices grew at its weakest pace this year in June
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.1849. In economic news, data indicated that the Euro-zone’s producer price index (PPI) advanced 2.5% on an annual basis in June, … Continue reading
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EUR/USD: Euro-zone’s economy expanded 0.6% in the second quarter
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1808, shrugging off robust GDP report from the Euro-zone. Data showed that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) … Continue reading
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EUR/USD: Euro-zone’s unemployment rate lowest in 8 years in June, annual inflation advanced as expected in July
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.74% against the USD and closed at 1.1828, after the Euro-zone’s jobs report painted a bright picture of the region’s labour market. Data showed that unemployment rate in … Continue reading
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EUR/USD: German inflation accelerated to a 3-month high in July
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.1757 on Friday, following upbeat German inflation figures. Data showed that Germany’s flash consumer price index (CPI) advanced more-than-expected by 1.7% … Continue reading
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EUR/USD: German consumer morale zoomed to a 16-year high in August
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1683. In economic news, Germany’s GfK consumer confidence index unexpectedly climbed to a level of 10.8 in August, escalating to a … Continue reading
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EUR/USD: Euro trading higher, ahead of Germany’s GfK consumer confidence data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.71% against the USD and closed at 1.1729. In economic news, Italy’s consumer confidence index unexpectedly advanced to a level of 106.7 in July, compared to market expectations … Continue reading
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EUR/USD: Mood among German businesses surged to record high in July
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1646, following upbeat Ifo report from Germany. Data indicated that Germany’s Ifo business climate index unexpectedly jumped to a record high … Continue reading
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EUR/USD: Manufacturing sector across the Euro-zone grew at its slowest pace in 3 months in July
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1640, after data indicated that manufacturing sector growth across the Euro-zone moderated at the start of the third quarter. The Euro-zone’s … Continue reading
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EUR/USD: Euro trading a tad lower, ahead of the Markit manufacturing and services PMIs data across the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1670 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.1668, with the EUR trading slightly lower … Continue reading
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EUR/USD: ECB leaves policy on hold, stays ‘patient’ on stimulus exit
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1628, after the European Central Bank (ECB) President, Mario Draghi, hinted that tapering of its ultra-loose monetary policy is on the … Continue reading
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EUR/USD: Euro trading a tad lower, ahead of the ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1529. On the data front, the Euro-zone’s seasonally adjusted construction output eased 0.7% on a monthly basis in May, following a … Continue reading
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