EUR/USD: Euro-zone’s consumer confidence improved sharply in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.0426, as risk-appetite among traders increased after the preliminary reading of the Euro-zone’s consumer confidence index improved more-than-expected to a level … Continue reading

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EUR/USD: German producer prices rise for the first time in three years in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.0390. In economic news, data indicated that the Euro-zone’s seasonally adjusted current account surplus widened to €28.4 billion in October, following … Continue reading

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EUR/USD: German Ifo business morale jumped to its highest level since February 2014 in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.0446. Macroeconomic data indicated that Germany’s Ifo business climate index rose to a level of 111.0 in December, notched its highest … Continue reading

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EUR/USD: Euro-zone’s annual inflation edged higher in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.0446 on Friday, after the Euro-zone’s final consumer price index (CPI) rose 0.6% YoY in November, at par with market expectations. … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector accelerated to a 68-month high in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.07% against the USD and closed at 1.0419. In economic news, the Euro-zone’s flash Markit manufacturing PMI unexpectedly rose to a level of 54.9 in December, advancing at … Continue reading

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EUR/USD: Euro-zone’s industrial production surprisingly dropped in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.94% against the USD and closed at 1.0632, after the Euro-zone’s seasonally adjusted industrial production unexpectedly declined 0.1% on a monthly basis in October, falling for the second … Continue reading

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EUR/USD: Euro-zone’s ZEW economic sentiment index jumped in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.0632. On the data front, the Euro-zone’s ZEW economic sentiment index advanced more-than-expected to a level of 18.1 in December, indicating … Continue reading

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EUR/USD: Euro trading lower, ahead of key economic releases across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.0639. Macroeconomic data indicated that the US posted a budget deficit of $136.7 billion in November, surpassing market expectations for the … Continue reading

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EUR/USD: German trade surplus narrowed in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.0553 on Friday, after Germany’s seasonally adjusted trade surplus narrowed more-than-expected to €19.3 billion in October, compared to market expectations for … Continue reading

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EUR/USD: ECB holds rates, revamps asset-purchase programme

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.34% against the USD and closed at 1.0613, after the European Central Bank (ECB) signalled that it would extend its quantitative-easing (QE) programme by an extra nine months … Continue reading

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EUR/USD: Euro trading higher, ahead of ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.0757. Macroeconomic data indicated that, Germany’s seasonally adjusted industrial production rebounded less-than-expected by 0.3% on a monthly basis in October, suggesting … Continue reading

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