EUR/USD: German business morale surprisingly weakened in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.0747. Yesterday, data indicated that German business sentiment deteriorated in January, amid mounting fears about the US President, Donald Trump’s protectionist … Continue reading

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EUR/USD: Euro-zone’s services sector growth slowed, manufacturing surged in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.0729, after data indicated that activity in the Euro-zone’s services sector unexpectedly slowed to a three-month low level of 53.6 in … Continue reading

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EUR/USD: Euro-zone’s consumer confidence surged to a nearly two year high level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0772, after the Euro-zone’s preliminary consumer confidence index improved to a level of -4.9 in January, notching its strongest level since … Continue reading

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EUR/USD: Euro trading higher, ahead of a speech by the ECB President

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.0704 on Friday. In economic news, Germany’s producer price index rose 1.0% on a monthly basis in December, in line with … Continue reading

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EUR/USD: ECB keeps key interest rate on hold, Draghi says no ‘convincing’ sign of inflation rise

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0656, after the European Central Bank (ECB) held the key interest rate steady as widely expected. The ECB, in its first … Continue reading

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EUR/USD: Eurozone’s annual inflation confirmed at more than 3-year high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.0633. On the economic front, the Euro-zone’s final consumer price index rose 1.1% on an annual basis in December, in line … Continue reading

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EUR/USD: ZEW survey of economic sentiment improved across the Euro-zone in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.05% against the USD and closed at 1.0709, after the Euro-zone’s ZEW survey of economic sentiment index advanced to a level of 23.2 in January, strengthening to an … Continue reading

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EUR/USD: Euro trading on a stronger footing, ahead of Euro-zone’s ZEW survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0598. In economic news, data showed that the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to a level of €22.7 billion … Continue reading

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EUR/USD: Euro trading lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.0643 on Friday. In economic news, Germany’s wholesale price index rose 2.8% on an annual basis in December, marking its biggest … Continue reading

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EUR/USD: Members disagreed over bond-buying extension: ECB meeting minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.0610, after minutes of the European Central Bank (ECB) revealed that policymakers expect inflation in the Euro-zone to rise significantly in … Continue reading

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0581. The US Dollar lost ground against its key counterparts, after the US President-elect Donald Trump’s highly anticipated news conference failed … Continue reading

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