21 June 2024 Euro-Dollar: Eurozone PMIs a Sea of Red

The Euro to Dollar exchange rate is set for a third consecutive weekly loss, partly thanks to a disappointing economic survey that showed economic momentum faded in June.

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31 May 2024 Euro Rallies Against Pound and Dollar After Inflation Surprise

Euro exchange rates firmed ahead of the weekend courtesy of news Eurozone inflation printed on the upper end of expectations in April, lowering the odds of a succession of interest rate cuts from t…

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23 May 2024 Euro-Dollar Ticks Higher on PMI Beat

The Euro to Dollar exchange rate ticked higher after a survey of the Eurozone economy showed a pick-up in activity in May.

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30 April 2024 Pound to Euro Rate Drops on Strong Eurozone GDP, Inflation Beat

Euro exchange rates recovered after Eurozone inflation beat expectations and regional growth figures surpassed expectations to show a strong recovery in the first quarter.

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29 April 2024 Euro Underperforms on German Inflation Undershoot

Euro exchange rates were under pressure after soft German inflation figures softened expectations for the outcome of Tuesday's all-Eurozone inflation release.

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24 April 2024 Euro to Dollar: German Economy Reaches a Turning Point

The Euro to Dollar exchange rate will be better insulated against further weakness after a key German survey showed that the economy had turned a corner.

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23 April 2024 Euro-Dollar Rebound Underpinned by Services PMI Blowout and Hopes the Recovery is Here to Stay

The Euro to Dollar exchange rate rallied following the release of a bumper German services PMI print that overshadowed another disappointment in the manufacturing sector.

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03 April 2024 Euro-Dollar: "Underlying Inflation has Risen Sharply Since the Beginning of the Year"

The Euro to Dollar exchange rate was softer following an undershoot in March inflation data, but looking under the hood reveals inflationary trends that will limit any weakness.

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03 April 2024 Euro Strengthens on Strong Eurozone Service Inflation Reading

The Euro touched daily lows against the Pound and Dollar following the release of softer-than-forecast inflation data that firmed expectations for a June rate cut at the European Central Bank (ECB)…

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21 March 2024 Eurozone's Two-speed Economy Confirmed by PMIs

It is a mixed bag for the Eurozone economy this March, as the region's services sector continues to recover, but manufacturing remains frozen in contraction territory.

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19 March 2024 Confidence in the Euro Rebound Story is Growing Shows Key Fund Manager Survey

Confidence in the European rebound story is growing; on Tuesday Bank of America said its much-watched fund manager survey found "rising confidence in a European growth reacceleration".

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01 March 2024 Euro Bolstered by Inflation Surprise

Euro exchange rates were broadly firmer following the release of data that showed Eurozone inflation surprised to the upside in February.

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28 February 2024 Euro-Dollar Pulls Back, Brittle European Consumer Sentiment Cited

The Euro to Dollar exchange rate (EUR/USD) has retreated towards the key 1.08 level amidst a broader U.S. Dollar recovery and soft Eurozone consumer sentiment, potentially signalling an end to the …

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26 February 2024 European Energy Crisis Ends as Electricity Prices Return to Pre-Pandemic Levels, LNG Prices Plummet

Europe's energy crisis has come to an end, with electricity prices largely reverting to pre-pandemic levels. Norbert Ruecker, Economist at Julius Baer, sheds light on the factors driving this stabi…

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22 February 2024 German Woes Won't Halt the Euro-Dollar Rebound: PMI Reactions

Germany, the Eurozone's economic engine, posted astonishingly weak manufacturing numbers on Thursday, but Euro exchange rates didn't bat an eyelid as traders opted to focus on improvements in the b…

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01 February 2024 Eurozone Inflation Extends Decline At Start of 2024, But Core CPI Proves Sticky

Eurozone annual inflation fell to 2.8% in January from 2.9% in December, which aligned with market expectations.

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30 January 2024 Eurozone Avoids Recession

The Eurozone economy avoided falling into recession in the second half of 2024 as Eurostat reports a 0% quarter-on-quarter GDP reading for the final quarter of the year.

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24 January 2024 Eurozone Economy In Contraction Mode: PMI Data

The Eurozone economy was stuck in contraction mode in January, according to the regular PMI survey from S&P Global.

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09 January 2024 Eurozone Unemployment Falls to Record Low

Eurozone unemployment has fallen to an all-time low and justifies the European Central Bank's message that there is no need to rush into interest rate cuts.

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15 December 2023 Euro Pares Gains As Soft PMI Figures Undermine ECB's 'Higher for Longer' Message

Enthusiasm for the Euro was curtailed by a disappointing survey of the Eurozone's economy that revealed activity fell in December and undermined the European Central Bank's message on interest rate…

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