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EUR/USD: Euro-zone’s GDP growth confirmed at 0.5% in 1Q 2017
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.04% against the USD and closed at 1.1093, on the back of upbeat economic data from across the Euro-zone. Data indicated that the Euro-zone’s ZEW economic sentiment index … Continue reading
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EUR/USD: Euro trading higher, ahead of the ZEW survey data across the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.0979. On the data front, Italy’s final consumer price index rose 1.9% on an annual basis in April, compared to a … Continue reading
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EUR/USD: German economic growth at a 12-month high level in 1Q 2017
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.0928 on Friday, after Germany’s seasonally adjusted preliminary gross domestic product (GDP) rose 0.6% on a quarterly basis in the first … Continue reading
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EUR/USD: European Commission lifted Euro-zone’s growth forecast for 2017
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0862. Yesterday, the European Commission (EU), in its quarterly economic forecasts report, slightly upgraded Euro-zone’s economic growth forecast to 1.7% for … Continue reading
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EUR/USD: Too Soon To Declare Inflation Victory: ECB’s Draghi
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.0866, after the European Central Bank’s (ECB) President, Mario Draghi, brushed off calls to scale back its stimulus programme, reiterating that … Continue reading
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EUR/USD: German exports and imports hit record high level in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0880. On the economic front, Germany’s seasonally adjusted trade surplus widened more-than-expected by €25.4 billion in March, as both exports and … Continue reading
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EUR/USD: Euro-zone’s investor confidence jumped to a nearly 10-year high level in May
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0923. On the data front, the Euro-zone’s Sentix investor confidence index rose more-than-expected to a level of 27.4 in May, notching … Continue reading
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EUR/USD: Germany’s construction sector growth cooled in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0995 on Friday. On the economic front, Germany’s Markit construction PMI dropped to a level of 54.6 in April, compared to … Continue reading
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EUR/USD: Euro-zone’s services sector expanded to a 6-year high level in April
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.0980, amid expectations that the centrist candidate, Emmanuel Macron, will win the second and final round of French presidential election, scheduled … Continue reading
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EUR/USD: Euro-zone’s economy continued to grow in the first quarter of 2017
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0888. On the economic front, the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose 0.5% on a quarterly basis in … Continue reading
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EUR/USD: Euro-zone’s unemployment rate remained steady at its lowest level since April 2009 in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0929, after growth in the Euro-zone’s manufacturing sector was confirmed at a six-year high level of 56.7 in April. However, the … Continue reading
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