The Euro drops below 1.1400 following soft Eurozone CPI data. The US Dollar appreciates further on strong US employment figures. US Services PMI and ADP…
EUR/GBP moves little as HCOB Eurozone Services PMI fell to 49.7, though it remains above the expected 48.9 reading. Germany Composite PMI edged lower to…
The Eurozone Harmonized Index of Consumer Prices (HICP) rose at an annual pace of 1.9% in May after increasing by 2.2% in April, the official data released by…
EUR/USD trims some gains ahead of the Eurozone CPI release. The US Dollar remains unable to take distance from multi-week lows. US Manufacturing PMI confirmed…
EUR/JPY holds ground ahead of the Eurozone Harmonized Index of Consumer Prices data release. BoJ Governor Kazuo Ueda expressed willingness to increase rates if economic…
EUR/USD depreciates as the US Dollar (USD) recovers its losses on technical correction. European Union warned that Trump’s new plan to double US tariffs on…
Weak Eurozone data is keeping the Euro on its back foot on Wednesday. Comments from ECB officials have increased hopes of a June cut. Strong…
EUR/GBP trades flat around 0.8390 in Tuesday’s early European session. Optimism surrounding the EU-US trade deal could support the Euro in the near term. Stronger-than-expected…
EUR/JPY tumbles to near 161.00 as the Euro declines after Trump threatens to impose 50% tariffs on imports from the EU. The ECB is certain…
The Euro was hit by weaker-than-expected EU PMIs, despite cautious optimism from ECB officials. US PMIs beat expectations, reinforcing economic resilience and lifting the Greenback.…