EUR/USD: Euro-zone’s economic growth confirmed at 0.3% in the third quarter

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.3% against the USD and closed at 1.0723. In economic news, data revealed that the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.3% on a quarterly … Continue reading

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EUR/USD: Euro-zone’s retail sales surged to a two year high level in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.91% against the USD and closed at 1.0755, as investors shrugged off the initial shock of a “No” vote in the Italian constitutional referendum, following the resignation of … Continue reading

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EUR/USD: Euro-zone’s PPI highest in more than 4 years in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0658 on Friday. On the data front, the Euro-zone’s producer price index (PPI) advanced more-than-expected by 0.8% on a monthly basis … Continue reading

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EUR/USD: Euro-zone’s unemployment rate declined to its lowest in more than 7 years in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.0656, after the Euro-zone’s unemployment rate unexpectedly dropped to a more than seven-year low level of 9.8% in October, thus reflecting … Continue reading

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EUR/USD: Euro-zone’s annual inflation hits highest level since April 2014 in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.0602. In economic news, data indicated that the Euro-zone’s flash consumer price index (CPI) climbed to its highest level since April … Continue reading

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EUR/USD: German consumer price inflation steady at 2-year high in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0647, after Germany’s consumer price inflation remained steady at a two-year high level of 0.8% YoY in November, meeting market expectations, … Continue reading

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EUR/USD: Stimulus is a key ingredient of ongoing Euro-zone recovery: ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.0619. Yesterday, the European Central Bank (ECB) President, Mario Draghi, at a hearing of the Committee on Economic and Monetary Affairs … Continue reading

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EUR/USD: Euro trading higher, ahead of ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.0581 on Friday. In economic news, data indicated that French consumer confidence remained steady at a level of 98.0 in November, … Continue reading

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EUR/USD: German GDP confirmed at 0.2% in 3Q 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.0556. In economic news, data indicated that Germany’s seasonally adjusted final gross domestic product (GDP) climbed 0.2% on a quarterly basis … Continue reading

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EUR/USD: Euro-zone’s services sector surged to an 11-month high in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.69% against the USD and closed at 1.0552. Macroeconomic data released in the Euro-zone indicated that activity in the region’s services and manufacturing sector showed a strong performance … Continue reading

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EUR/USD: Euro-zone’s consumer confidence at highest level since December 2015

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.1% against the USD and closed at 1.0625. In economic news, Euro-zone’s flash consumer confidence index improved more-than-expected to a level of -6.1 in November, notching its highest … Continue reading

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