Sentix — News Archive


Euro Mixed After European Elections, Disappointing Economic Reports

The euro fell against the US dollar intraday but has managed to recover by now. Against other majors the shared 19-nation currency was mixed, rising against the safe currencies, like the Japanese yen, but falling versus the Great Britain pound. The major driver for the currency were European election on the weekend.

EUR/USD Drops to New Lows Despite Positive Eurozone Data

The EUR/USD currency pair today declined to new lows below the crucial 1.2000 psychological level and was on a track to book the second consecutive losing session this year. The currency pair’s decline was largely triggered by the goodish recovery in the US dollar as investors ignored Friday’s disappointing US jobs data.

EUR/USD Trades Sideways in a Slow Start to the Week

The EUR/USD currency pair today traded sideways in a slow start to the week underpinned by an empty US docket due to the celebration of Columbus Day in the USA. Several releases from the European docket such as the German industrial production data boosted the currency pair for a while before the uptrend reversed later.

EUR Trims Decline vs. USD & GBP, Keeps Losses vs. JPY & CHF

The euro fell against the US dollar and the Great Britain pound on Monday but has trimmed its losses by now. The currency fared worse versus the Swiss franc and the Japanese yen, keeping its big losses.

Euro Bounces vs. Dollar, Analysts Still Skeptical

The euro bounced against the US dollar after reaching a new multi-year low earlier during the Monday’s trading session. The currency also gained on the Japanese yen but was unable to beat the Great Britain pound. Most market analysts believe that the current rally will be short-lived.

Euro Runs to Upside, Ignoring Negative Fundamentals

The euro climbed today even though the European macroeconomic indicators were rather unfavorable. The broad-based weakness of the US dollar was the major reason for the rally of the shared 18-nation currency.

Euro Shows Resilience in Face of Poor Economic Data

The euro remained above the opening level against the US dollar and the Japanese yen even after the set of poor European macroeconomic data was released. The currency backed off against the Great Britain pound after last week’s massive gains.

Euro Higher Against Dollar, Down Against Pound, Yen

Euro is higher against the US dollar today, thanks in large part to the concerns related to the government shutdown and its effect on the economy. However, the 17-nation currency isn’t having as much success against other major currencies, as it heads lower against the pound and the yen.

Euro Climbs as Investor Confidence Turns to Positivity

The euro jumped after the Sentix Investor Confidence unexpectedly climbed and returned to the positive territory, adding to signs of economic recovery in the eurozone.

Euro Lower Ahead of Busy Week

This week is expected to be very busy, and the euro is lower today in anticipation. There is a lot of economic data expected this week, as well as central bank decisions to be made.