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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.

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.

Euro Falls to 2-Week Lows on Dovish Draghi Speech and Weak Data

The euro today fell to new 2-week lows following Mario Draghi’s introductory speech at the ongoing ECB Forum in Sintra, Portugal, which was interpreted as being very dovish. The EUR/USD currency pair was also weighed down by macro releases from Germany and the euro area, which missed expectations.

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 Fails to Rally amid US-China Trade Spat, Macroeconomic Data Doesn’t Help

The euro attempted to rally today but reversed movement against most of its rivals later, erasing gains against some of them outright. Traders remained cautious about the ongoing US-China trade conflict, while mixed macroeconomic data was not helping the currency either.

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.

Improving Economic Sentiment Fails to Boost Euro

The economic sentiment in Germany as well as in the whole eurozone improved significantly this month. But that failed to give a noticeable boost to the euro, which was moving in a range in the second half of the Tuesday’s session.

Euro Drops on Weak Data amid Investor Fears of New US Car Tariffs

The euro today was on a downtrend against the US dollar from the early Asian session as investors worried about the introduction of new car tariffs by the US. The pair spiked higher briefly in the early European session, but quickly gave up its gains following the release of weak macro data from across the eurozone.

Improving German Economic Sentiment Doesn’t Prevent Euro from Falling

The euro fell against most of its major rivals today even after the German economic sentiment improved unexpectedly. The losses were small for the most part, though.

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