Economic Sentiment — News Archive

    Archives

Euro Rises on German Inflation Data and Flash US GDP Report

The euro today inched higher against the US dollar as it struggled to shake off the selling pressure that has kept the EUR/USD currency pair trading in a tight range. The single currency posted gains in the American session despite the release of mixed German inflation data accompanied by in-line preliminary US Q4 GDP figures.

Euro Falls to 7-Day Lows on Depressed Market Risk Sentiment

The euro today fell to new weekly lows against the US dollar as the risk-off market sentiment persisted after Iran attacked US bases in Iraq. The EUR/USD currency pair’s decline was accelerated further by the release of weak data from the euro area earlier today.

Euro Falls on Weak German Inflation Data and Investor Sentiment

The euro today rallied briefly against the US dollar in the early European session before giving up its gains as the greenback recovered to post gains. The EUR/USD currency pair traded near its monthly lows as the pair seemed set to close the month with significant losses as compared to the gains recorded in October.

Euro Trades Sideways on Mixed US GDP and Upbeat German CPI

The euro today traded sideways against the US dollar following the release of mixed US GDP data in the early American session. The EUR/USD currency pair fell slightly on the upbeat US releases, but its decline lacked conviction following the release of upbeat German consumer data.

Euro Rallies From 2-Year Lows Despite Weak Eurozone Releases

The euro today rallied from new 2-year lows against the US dollar hit during the Asian session despite the release of mostly weak macro data from across the eurozone. The EUR/USD currency pair pulled back from the lows as the greenback fell boosting the single currency and helping it rally despite the weak euro area fundamentals.

Swiss Franc Rallies As Investors Pour Into Safe-Haven Currency

The Swiss franc is rallying midweek against multiple major currencies as investors are pouring into the safe-haven currency. With the central bank refusing to follow other institutions in easing monetary policy, traders were enthusiastic about the nation’s ability to weather the coming economic storm clouds, especially after the government slashed economic growth projections for 2019.

Euro Jumps as German Economic Sentiment Improves Sharply

The euro rallied today after the release of positive economic sentiment figures for Germany as well as the whole eurozone. But economists are worried that the eurozone economy is still extremely vulnerable and the improvement of the sentiment does not reflect the underline strength of the economic activity.

Euro Falls on Weak Eurozone Releases, Spikes Higher on ECB Speak

The euro today fell against the US dollar in the early European session following a series of weak releases from France, Germany and the eurozone. The EUR/USD currency pair extended its losses following the release of upbeat US GDP data before spiking higher on hawkish ECB comments then quickly falling back.

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.

Swiss Franc Gains on Budget Surplus Forecast, Capped by Weak Sentiment

The Swiss franc is gaining against a basket of currencies on Thursday, supported by the government’s federal budget surplus forecast. As the economic powerhouse introduces tax and pension reforms, the government thinks it will take in more revenues. But the healthy state of the nation’s finances is not making investors optimistic on the economy.

Navigation

Menu