EUR/USD: Eurozone’s services PMI surprisingly edged up in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1146. Markit services PMI data indicated that activity in Euro-zone’s service sector unexpectedly expanded to a level of 52.9 in July, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Eurozone’s services PMI surprisingly edged up in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1146. Markit services PMI data indicated that activity in Euro-zone’s service sector unexpectedly expanded to a level of 52.9 in July, … Continue reading

Posted in EUR/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1218. In economic news, Eurozone’s producer price index (PPI) rose at fastest pace in almost four years by 0.7% MoM in … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Eurozone’s manufacturing growth slowed in July, post Brexit vote

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1167, after data indicated that activity in the manufacturing sector expanded at a moderate pace across the Euro-zone. Data revealed that, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Eurozone’s inflation advanced to an eight-month high in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.9% against the USD and closed at 1.1175, after preliminary consumer price index in the Euro-zone rose more-than-expected to an eight-month high level of 0.2% YoY in July, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Germany’s inflation climbed to a six-month high level in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1075, after Germany’s flash consumer price index advanced to a six-month high level of 0.3% MoM in July, thus offering some … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading higher, ahead of Euro-zone’s consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.1057. Macroeconomic data indicated that Germany’s Gfk consumer confidence index fell to a level of 10.0 in August, as economic and … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Euro trading a tad higher, ahead of Germany’s consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.0986. The US Dollar gained ground, after data indicated sustained growth in the US economy that could encourage the Federal Reserve … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: German business morale shrank less than expected in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.0991. In economic news, data indicated that Germany’s Ifo business climate index dropped less-than-expected to a level of 108.3 in July, … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: Eurozone’s private sector growth weakened in July: Markit PMI

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.49% against the USD and closed at 1.0970, after flash services PMI in the Eurozone eased more-than-expected to a level of 52.7 in July, hitting its lowest level … Continue reading

Posted in EUR/USD | Comments Off

EUR/USD: ECB keeps door open for additional stimulus later this year

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1024, after the European Central Bank (ECB), in a widely expected move, left its key interest rate unchanged at a record … Continue reading

Posted in EUR/USD | Comments Off