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EUR/USD: Euro trading flat in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0652. In economic news, Italy’s seasonally adjusted industrial production dropped more-than-expected by 2.3% on a monthly basis in January, declining for … Continue reading
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EUR/USD: Euro trading higher in the morning session, ahead of a speech by the ECB President
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.08% against the USD and closed at 1.0691 on Friday, after news emerged that some European Central Bank policymakers raised the possibility of an interest rate hike before … Continue reading
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EUR/USD: ECB leaves monetary policy on hold
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.0577, after the European Central Bank (ECB) President, Mario Draghi, struck a more optimistic tone on the Euro-zone’s economic recovery. The … Continue reading
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EUR/USD: German industrial production grew at its quickest pace since August 2016 in January
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.0539. Macroeconomic data indicated that Germany’s seasonally adjusted industrial production rebounded more-than-expected by 2.8% on a monthly basis in January, notching … Continue reading
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EUR/USD: Euro-zone’s GDP growth holds steady at 0.4% in the last three months of 2016
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.0565. In economic news, the Euro-zone’ seasonally adjusted final gross domestic product (GDP) was confirmed at 0.4% on a quarterly basis … Continue reading
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EUR/USD: Euro-zone’s Sentix investor confidence index hits highest level since August 2007 in March
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.0585, amid increased likelihood of a victory by anti-EU leader, Marine Le Pen in French Presidential election, after former French Prime … Continue reading
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EUR/USD: Euro-zone’s retail sales declined for the third straight month in January
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.0596 on Friday. In economic news, the Euro-zone’s final Markit services PMI was revised slightly lower to a level of 55.5 … Continue reading
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EUR/USD: Euro-zone’s annual inflation jumps past ECB’s target
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0506. Macroeconomic data indicated that the Euro-zone’s flash consumer price index (CPI) surged to a 4-year high level in February, after … Continue reading
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EUR/USD: Manufacturing sector growth across the Euro-zone accelerated to a nearly 6-year high level in February
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0549. On the economic data front, the Euro-zone’s final Markit manufacturing PMI advanced to a level of 55.4 in February, notching … Continue reading
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EUR/USD: Euro trading on a weaker footing, ahead of manufacturing PMI readings across the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.0571. In the US, the second estimate of annualised gross domestic product showed that the US economy expanded less-than-expected by 1.9% … Continue reading
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EUR/USD: Euro-zone’s economic and business confidence surged in February
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.0585. On the economic front, the Euro-zone’s final consumer confidence index dropped to a level of -6.2 in February, at par … Continue reading
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