EUR/USD: Euro trading higher, ahead of the Euro-zone’s final Q2 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1143, after the final reading of the Euro-zone’s Markit services PMI unexpectedly dropped to a level of 52.8 in August, compared … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the Markit services PMI data across the Euro zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD on Friday and closed at 1.1157. In economic news, the Euro zone’s producer price index (PPI) rose 0.1% MoM in July and met market … Continue reading

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EUR/USD: Eurozone’s manufacturing sector activity fell to a three-month low level in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1193. In economic news, the Euro-zone’s final Markit manufacturing PMI was revised down to a three-month low level of 51.7 in … Continue reading

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EUR/USD: Euro-zone’s flash CPI came in below expectations in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1160. In economic news, the Euro-zone’s unemployment rate remained steady at a level of 10.1% in July, its lowest level since … Continue reading

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EUR/USD: German inflation unexpectedly stagnated in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1146, after Germany’s preliminary consumer price index (CPI) unexpectedly remained flat on a monthly basis in August, piling pressure on the … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1184. In economic news, Italy’s consumer confidence index dropped to a level of 109.2 in August, from a revised reading of … Continue reading

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EUR/USD: German business sentiment deteriorated to its lowest level in six months in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.1283. Macroeconomic data released in Germany indicated that, the Ifo business climate index unexpectedly fell to a six-month low level of … Continue reading

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EUR/USD: German economic growth slowed in the second quarter

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1261. On the economic front, Germany’s seasonally adjusted final gross domestic product (GDP) rose by 0.4% in 2Q 2016, at par … Continue reading

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EUR/USD: Euro-zone’s economic recovery resilient despite the historic Brexit vote

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.1301. Macroeconomic data indicated that, Eurozone’s preliminary Markit services PMI unexpectedly rose to a level 53.1 in August, hitting its highest … Continue reading

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EUR/USD: Euro trading higher, ahead of the Markit manufacturing and services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1318. In economic news, the US Chicago Fed national activity index rose more-than-expected to a level of 0.27 in July, its … Continue reading

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EUR/USD: Euro trading lower 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 1.1327. In economic news, Germany’s producer price index rose 0.2% on a monthly basis in July, compared to an advance of … Continue reading

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