EUR/USD: Euro trading higher, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1010, after Euro-zone’s preliminary consumer confidence index fell to a level of -7.9 in July, indicating that consumers became less optimistic … Continue reading

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EUR/USD: Economic sentiment deteriorated in July across the Euro-zone post ‘Brexit’ vote

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.53% against the USD and closed at 1.1014, after ZEW survey data indicated that investor sentiment in Germany as well as Euro-zone deteriorated on concerns that the UK’s … Continue reading

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EUR/USD: German economy to grow strongly in coming months despite Brexit risks: Bundesbank

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.02% against the USD and closed at 1.1069. According to the Bundesbank monthly report, Germany’s economy will rebound in the third quarter of this year after facing potential … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1067. In economic news, the Euro-zone’s consumer price index advanced 0.2% MoM in June, at par with market expectations and following … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1110. In the US, the number of people applying for fresh unemployment benefits unexpectedly held steady at 254.0K during the week … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1096. Macroeconomic data indicated that Euro-zone’s seasonally adjusted industrial production fell more-than-expected by 1.2% MoM in May, thus indicating sluggish economic … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.1061, after Germany’s final consumer price index advanced 0.1% MoM in June, at par with market expectations and compared to a … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s consumer price index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.1% against the USD and closed at 1.1059. Macroeconomic data indicated that, the US labour market conditions index fell to a level of -1.9 in June, falling for … 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 declined 0.07% against the USD and closed at 1.1049, after Germany’s seasonally adjusted trade surplus fell more-than-expected to a level of €21.0 billion in May, following a sharp decline … Continue reading

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EUR/USD: Brexit impact could be ‘significant’ for the Euro-zone: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1057, after the European Central Bank’s (ECB) June meeting minutes revealed that policymakers were concerned about the Brexit vote. According to … Continue reading

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EUR/USD: Euro trading lower, ahead of the ECB’s monetary policy meeting accounts

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1092. On the data front, Germany’s seasonally adjusted factory orders remained flat on a monthly basis in May, owing to weak … Continue reading

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