EUR/USD: Euro trading lower, ahead of the Euro-zone’s Sentix investor confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.84% against the USD and closed at 1.1353. In economic news, the Euro-zone’s final Markit services PMI surprisingly rose to a three-month high level of 53.3 in May, … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of 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 and closed at 1.1148, following the European Central Bank’s (ECB) cautious economic outlook. Yesterday, the ECB left the key interest rate unchanged at a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1184. In economic news, the Euro-zone’s final manufacturing PMI remained steady at a three-month low level of 51.50 in May, in … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1130. In economic news, the Euro-zone’s final consumer price index (CPI) dropped in line with market expectations by 0.1% YoY in … 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 0.32% against the USD and closed at 1.1139, after Germany’s flash consumer price index rebounded 0.3% MoM in May and matched market expectations, following a 0.4% decline in … Continue reading

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EUR/USD: Euro trading on a weaker footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.1190. In economic news, seasonally adjusted Italian retail sales unexpectedly declined by 0.6% MoM in March, from 0.3% in the preceding … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1155, following the release of optimistic reports from Germany, the Euro-zone’s largest economy. Data showed that Germany’s GfK consumer confidence index … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.67% against the USD and closed at 1.1139, after the Euro-zone & German ZEW surveys reflected weakening economic sentiment. Data showed that the Euro-zone’s economic sentiment index dropped … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of Germany’s final Q1 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1214, as the Euro-zone’s latest PMI readings signalled few signs of improvement in the region. Data showed that the Euro-zone’s preliminary … 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 0.12% against the USD and closed at 1.1214, after the Euro-zone’s seasonally adjusted current account surplus widened to a four-month high level of €27.3 billion in March, from … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1200, after the Euro-zone’s seasonally adjusted construction output declined 0.9%, falling for the second consecutive month and following a 0.6% revised … Continue reading

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