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Euro Firm in Face of Worsening German Business Climate

The German business climate worsened this month. But while the euro fell versus commodity currencies, it surprisingly managed to log substantial gains versus majors.

Euro Soft as Domestic Data Hurts

The euro was soft today. While the currency managed to gain on the US dollar thanks to the dovish Federal Reserve, unfavorable domestic macroeconomic data prevented the euro from rising against other most-traded rivals.

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 with German Factory Orders, Attempts to Recover

The euro declined today after German factory orders demonstrated the biggest decline in more than two years. Later, the currency attempted to rebound and is now trading near the opening level against most of its peers.

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 Mixed, Capped by Disappointing German Data

The euro was mixed today, falling against commodity currencies, trading flat against the US dollar and the Japanese yen, while posting big gains versus the Swiss franc. Market analysts attributed such behavior to the risk-on mode of markets. Macroeconomic data released over the session in Germany was disappointing, preventing the currency pair from going higher.

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.

Euro Mixed After Macroeconomic Data Disappoints

The euro was mixed today following the release of lackluster macroeconomic data in the eurozone. The currency gained on the US dollar, which remained extremely soft, but was flat versus the Great Britain pound and fell against safe currencies like the Japanese yen and the Swiss franc.

Euro Fails to Profit from Improving Economic Sentiment

The euro fell against most of its major rivals today with the exception of the Great Britain pound. Positive macroeconomic data was unable to support the currency.

Euro Mixed After Announcement from Angela Merkel

The euro was mixed today after German Chancellor Angela Merkel announced that she will not seek re-election as her party’s leader. Markets were not particularly pleased with the announcement.

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