Euro (EUR)

The greenback firmed further on Friday closing in the green. The dollar was supported by retail sales data which beat estimates. Retail sales grew 0.5% in May, up from a revised 0.3% in the month before. Core retail sales advanced 0.5%…
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Risk aversion was back in the markets with the safe haven assets outperforming. The US dollar index was also seen rising on the day on Wednesday. Trade spats from Washington and Beijing lowered the prospects of any trade deals that could be…
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The markets were trading cautiously albeit amid a slight risk-on sentiment prevailing. US stocks closed slightly higher while safe haven assets shed their recent gains. President Trump said on Tuesday that he was not yet ready for a deal…
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The Federal Reserve released the monetary policy meeting minutes late yesterday. The minutes revealed that policymakers were committed to keeping interest rates steady over the next few months. Members raised their expectations on…
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This week, elections season is dominating the markets. Following the weekend elections in Australia, and the recently concluded general elections in India, focus now shifts to the EU. The EU elections are unlikely to impact the markets…
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The euro is in for a busy day tomorrow. A host of key data points is scheduled for release during the day. The most important ones are related to the largest economy in the eurozone. We had a bit of a positive surprise out of Germany…
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The latest retail sales report from New Zealand saw a modestly better print than expected. Quarterly retail sales rose 0.7% beating estimates of a 0.6% increase. But this was comparatively lower to the Q4 retail sales print of 1.7%. On an…
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Lack of economic data and fresh trade rhetoric saw the markets trading rather subdued on Monday. The US dollar index was trading flat although price remains steady near the recent highs. Wednesday’s FOMC meeting minutes could be the main…
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The US dollar was seen holding on to the gains, settling near a two-week high by Thursday’s close. The gains came as the trade tensions eased and focus once again shifted to the economic data. A delegation from Washington is expected to…
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Tomorrow is a very big day for the euro according to the economic calendar. There's plenty of data on tap that could potentially move the currency. Arguably the most important figure is the German quarterly GDP. This is because it is…
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