EUR/USD: Eurozone annual inflation hits eight month high level in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1343, after Eurozone’s final consumer price index rose more-than-expected by 0.2% YoY in July, notching its highest level in eight months, … Continue reading

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EUR/USD: Fed officials appear to be largely divided over whether to hike rates soon: FOMC minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1292. The greenback lost ground against the major peers, after minutes from the US Federal Reserve’s recent monetary policy meeting shed … Continue reading

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EUR/USD: Investor sentiment improved across the Euro-zone in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.81% against the USD and closed at 1.1275, after the ZEW economic sentiment index in the Eurozone rebounded to a level of 4.6 in August, indicating that investor … Continue reading

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EUR/USD: Euro trading on a stronger footing, ahead of the ZEW survey across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.1154. On the economic front, the US NAHB housing market index climbed to a level of 60.0 in August, at par … Continue reading

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EUR/USD: Euro-zone’s economic growth moderated in the second quarter

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1160, after Germany’s seasonally adjusted flash gross domestic product (GDP) rose more-than-expected by 0.4% on a quarterly basis in 2Q 2016, … Continue reading

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EUR/USD: Euro trading flat, ahead of GDP data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1137. On the data front, Italy’s final consumer price index rose by 0.2% MoM in July, in line with market expectations … Continue reading

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EUR/USD: Euro trading on a weaker footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.1184. In economic news, data suggested that industrial production in France unexpectedly fell by 0.8% on a monthly basis in June, … 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 rose 0.3% against the USD and closed at 1.1113. Macroeconomic data indicated that Germany’s trade surplus widened to a level of €24.9 billion in June, compared to market expectations … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1080. In economic news, data indicated that Eurozone’s Sentix investor confidence index rose to a level of 4.2 in August, highlighting … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s Sentix investor confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1086. In economic news, Germany’s seasonally adjusted factory orders unexpectedly dropped by 0.4% MoM in June, amid subdued demand for investment … 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 0.18% against the USD and closed at 1.1126. Yesterday, the European Central Bank, in its latest monthly economic bulletin report, warned that Britain’s decision to leave the European … Continue reading

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