EUR/USD: ECB left ultra-loose monetary policy unchanged at 0.00%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0926. Yesterday, the European Central Bank (ECB), in its latest monetary policy meeting, kept the key interest rate unchanged at 0.00%, … Continue reading

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EUR/USD: Euro-zone’s construction output deteriorated for the first time in five months in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.0977. On the data front, Euro-zone’s seasonally adjusted construction output slid 0.9% on a monthly basis in August, dropping for the … Continue reading

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EUR/USD: Euro trading higher in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.0977. Macroeconomic data indicated that the US consumer price index (CPI) gained by 0.3% MoM in September, meeting market expectations, rising … Continue reading

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EUR/USD: Euro-zone’s inflation accelerated to a two-year high level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1001, after the Euro-zone’s consumer price index (CPI) accelerated 0.4% MoM in September, in line with market expectations and hitting its … Continue reading

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EUR/USD: Euro-zone’s trade surplus expanded in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.74% against the USD and closed at 1.0970 on Friday. On the economic front, the Euro-zone’s seasonally adjusted trade surplus widened to a level of €23.3 billion in … Continue reading

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EUR/USD: Germany’s annual CPI confirmed at 16-month high level in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1052, after Germany’s final consumer price index (CPI) climbed by 0.1% on a monthly basis in September, in line with market … Continue reading

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EUR/USD: Euro-zone’s industrial production picked up in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1012. In economic news, data indicated that Euro-zone’s seasonally adjusted industrial production rebounded by 1.6% on a monthly basis in August, … Continue reading

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EUR/USD: German investor confidence jumped to the highest level since June in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.1138. On the economic front, the Euro-zone’s ZEW economic sentiment index advanced more than expected to a level of 12.3 in … Continue reading

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EUR/USD: Eurozone’s Sentix investor confidence at 4-month high in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1138. In economic news, data indicated that Euro-zone’s Sentix investor confidence index advanced more-than-expected to a four-month high level of 8.5 … Continue reading

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EUR/USD: German industrial output rebounded strongly in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1196 on Friday, after Germany’s seasonally adjusted industrial production rebounded more-than-expected by 2.5% MoM in August, posting its biggest increase since … Continue reading

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EUR/USD: Monetary stimulus will continue until March 2017 as Euro-zone growth remains sluggish: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.5% against the USD and closed at 1.1145, after minutes of the European Central Bank’s (ECB) recent monetary policy meeting indicated that financing conditions in the Euro-zone would … Continue reading

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