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16 May 2013: Euro down on weak economic data
EUR USD – Euro down on weak economic data
Euro weakened for a sixth day against the Dollar, the longest losing streak in a year, before a report that showed consumer-price inflation in the region was the slowest in three years in April (barely reaching 1%). However, just in the past hour the trade balance figures came out showing a nearly 19B surplus for the month of April (expected 11.9B), which shot euro up. ...
14 May 2013: Euro down on weak economic data
EUR USD – Euro down on weak economic data.
Euro fell this morning, as the German ZEW index marked 36.4 points for the month of May, while annalists were expecting to rise at 39.5. The ZEW index (released monthly) is a leading indicator of the county’s economic health and markets react sharply to the data released by the Zentrum fur Europaische Wirtschaftsforschung (ZEW). ...
15 Nov 2012: US Dollar down on low US sales data
Euro is upgrading against Sterling; major economic indexes released today will affect the Single Currency
Euro is up against Sterling at the moment. Several major economic indexes are about to be released today: CPI, Italian, German and French GDP, ECB Monthly Bulletin and a few more. ...
13 Nov 2012: Euro down on uncertainty about Greece
Euro down against Sterling on lack of clarity about Greece’s bailout funds
Euro is downgrading against Sterling as international lenders could not reach an agreement on the financial aid for Greece. In the meantime, Sterling is about to be affected by the release of the CPI index (Consumer Price index), and the pair may change direction by end of day. ...
08 Nov 2012: Euro near two-month
Euro down against Sterling on expectations interest rates will remain on hold
Euro fell against Sterling and US Dollar as investors expect that on the meeting today, the ECB will leave interest rates on hold. Sterling on the hand, is steady at the moment. ...