EUR/USD: Euro-zone’s industrial production marginally fell in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0860. On the macro front, Euro-zone’s seasonally adjusted industrial production dropped 0.1% on a monthly basis in February, less than market … Continue reading

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EUR/USD: Euro extends its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.0902. On the macro front, US MBA mortgage applications advanced 7.3% in the week ended 10 April 2020. In the previous … Continue reading

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EUR/USD: Euro trading a tad lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.0985. In the Asian session, at GMT0300, the pair is trading at 1.0981, with the EUR trading marginally lower against the … 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 declined 0.14% against the USD and closed at 1.0915. On the macro front, Germany’s seasonally adjusted trade surplus unexpectedly widened to €21.6 billion in February, compared to a revised … Continue reading

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EUR/USD: Euro trading a tad higher in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0858. In the US, MBA mortgage applications dropped 17.9% in the week ended 3 April 2020, compared to a rise of … Continue reading

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EUR/USD: Euro reverses its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.00% against the USD and closed at 1.0896. On the macro front, Germany’s seasonally adjusted industrial production unexpectedly rose 0.3% on a monthly basis in February, defying market … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index dropped to a record low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0788. On the macro front, Euro-zone’s Sentix investor confidence index dropped to a level of -42.9 in April, compared to a … Continue reading

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EUR/USD: Euro-zone’s retail sales grew at a faster pace in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0811 on Friday. On the data front, Euro-zone’s Markit services PMI plunged to a level of 26.4 in March, compared to … Continue reading

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EUR/USD: Euro-zone’s producer price index dropped at a fastest pace in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.0850. On the macro front, Euro-zone’s producer price index dropped 1.3% on a yearly basis in February, more than market anticipations … Continue reading

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EUR/USD: Euro-zone’s manufacturing activity contracted at its fastest pace in more than seven years

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.0951. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to a level of 44.5 in March, due to the coronavirus … Continue reading

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EUR/USD: Euro-zone’s inflation slowed more-than-expected in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1029. On the macro front, Euro-zone’s consumer price inflation slowed more-than-expected to 0.7% in March, amid fall in energy prices. In … Continue reading

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