EUR/USD: Euro trading on a weaker footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0554. On the data front, industrial production in France rebounded 2.2% on a monthly basis in November, suggesting that economic activity … Continue reading

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EUR/USD: Euro-zone’s unemployment rate remained at lowest level since July 2009 in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.5% against the USD and closed at 1.0584, after better-than-expected economic data across the Euro-zone boosted investor sentiment. In economic news, the Euro-zone’s unemployment rate remained unchanged at … Continue reading

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EUR/USD: Euro-zone’s economic sentiment indicator surged to its highest level in more than five years in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.0529 on Friday, after the Euro-zone’s seasonally adjusted retail sales fell 0.4% MoM in November, at par with market expectations and … Continue reading

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EUR/USD: Germany’s construction sector accelerated to a 9-month high in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.12% against the USD and closed at 1.0599, after Germany’s Markit construction PMI advanced to a level of 54.9 in December, expanding at its fastest pace in nine … Continue reading

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EUR/USD: Euro-zone’s annual inflation hit more than three year high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.7% against the USD and closed at 1.0482, after the Euro-zone’s flash consumer price index (CPI) jumped to a more than three-year high of 1.1% on an annual … Continue reading

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EUR/USD: German annual inflation surged to its highest level since July 2013 in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0409. On the economic front, Germany’s flash consumer price index (CPI) jumped more-than-expected by 1.7% on an annual basis in December, … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector growth confirmed at its highest level since April 2011 in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.0459. In economic news, data revealed that the Euro-zone’s final Markit manufacturing PMI was confirmed at its highest level in more … 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 0.76% against the USD and closed at 1.0494. In the US, data revealed that advance goods trade deficit unexpectedly widened to $65.3 billion in November, as a stronger … Continue reading

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EUR/USD: Italy’s consumer confidence surprisingly jumped to a five month high in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.0415. On the economic front, Italy’s consumer confidence index unexpectedly advanced to a level of 111.1 in December, notching its highest … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0457. On Friday, Germany’s GfK consumer confidence index edged higher to a level of 9.9 for January, in line with market … Continue reading

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EUR/USD: Euro-zone’s inflation will surge in the first quarter of 2017: ECB’s economic bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.0433, as the European Central Bank (ECB) struck a hawkish tone in its latest economic bulletin report. The ECB indicated that, … Continue reading

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