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Euro Stays Range Bound for Second Day Despite Multiple Releases

The euro today traded sideways against the US dollar reacting to releases from both the European and American dockets but failing to break out in a specific direction. The EUR/USD currency pair rallied higher in the early European session and later headed lower ignoring the upbeat German inflation data as the greenback recovered.

Euro Trades Flat As EU Leaders Meet to Discuss Top Jobs, Later Falls

The euro today dropped briefly against the US dollar in the Asian session before recovering and trading flat during the European session as the new EU leaders met to discuss top positions in the organization. The EUR/USD currency pair later fell back to its daily lows in the American session following the release of upbeat US consumer confidence data at the time.

Euro Drops on Weak Business Climate, Gains on Mixed US Inflation

The euro today posted gains against the US dollar following the release of weak US inflation data in the early American session. The EUR/USD currency pair today fell from session highs following the release of weak eurozone business climate data in the early European session.

Euro Falls Almost to 3-Week Lows on Weak German Inflation Data

The euro today fell for the third straight session against the US dollar driven by the risk-off investor sentiment and weak confidence prints released by the European Commission. The EUR/USD currency pair’s fall was further accelerated by the weak German inflation data and the resurgent US dollar, which rose driven by the flight to safety conditions.

Euro Drops on Weak German Industrial Data and Strong US Dollar

The euro today dropped against the US dollar from the start of today’s session as the greenback rebounded on investors’ hopes about the outcome of the US-China trade talks. The rebound in US Treasury yields also boosted the greenback, which was under intense selling pressure since Friday last week following dovish Fed comments.

Euro Gains Against US Dollar Despite Weak German IFO Data

The euro today rallied higher against the US dollar from the early European session largely driven by positive market sentiment as investors refrained from buying the greenback. The EUR/USD currency pair extended its rally despite the release of disappointing German IFO business climate index as markets remained dovish towards the US dollar ahead of tomorrow’s Fed interest rate decision.

Euro Declines on Weak Eurozone Data, Later Rallies on Weak US Data

The euro today fell from Asian session highs in the early European session following the release of mixed macro data from across the euro area. The EUR/USD currency pair later rallied higher in the mid-European session as market risk sentiment improved before heading lower in the American session.

Euro Falls on Weak Eurozone GDP Growth Data, Later Recovers

The euro today fell to new lows against the US dollar following the release of disappointing GDP growth data from across the eurozone. The pair later recovered slightly during the early American session as investors awaited US consumer data.

Euro Falls on Mixed German Data Amid Depressed Market Sentiment

The euro today fell against the US dollar following mixed releases from Germany led by the weak import price index data among others. The EUR/USD currency pair gave up yesterday’s gains that were triggered by positive investor sentiment towards the single currency based on hopes for a Brexit deal.

Euro Rallies Higher Despite Disappointing German Inflation Data

The euro today rallied higher against the US dollar despite the release of disappointing German inflation data in the mid-European session. The EUR/USD currency pair broke out of the consolidative pattern that dominated the Asian session due to positive investor sentiment towards the single currency.

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