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Assisted Euro German Economic Report The Still Positive

fxbom.com
07:30 PM

Euro currency pair to trade EUR/JPY noon today (20-12) rallied and tracked the pair traded in the range of 101.52. The euro gained as the presence of positive signal on the German economy, where it is indicated by an increase in the performance of the business sector in the country.

German Ifo Business Climate Indicator rose to 107.2 reported previously expected to fall to 106.2 from 106.6 the previous value.

In a press release this afternoon Ifo Institute for Economic Research menyapaikan that the illegal trade and the German industrial sector rose in November for the first time in four months.

Euro Index Waiting for Direction of ECB President

fxbom.com
07:17 PM

In forex trading the European session this afternoon (19-12), the Euro is generally observed moving thin weakened against several other major currencies.

In the chart index Euros, the value of walking observed in the range 103.15, and shows the movement of a thin weakened around – 0.03% from opening price today (00:00 GMT).

Fxbom.com analysts argued that the Euro could potentially respond to the statement ECB president Mario Draghi is scheduled to deliver before exposure to the European Parliament’s Economic and Monetary Committee in Brussels, at 22:30 (GMT) later.

Flow of Funds Out Of Euro Area Rises, Euro Trying to Rebound

fxbom.com
07:09 PM

In trading pair EUR/USD European session this afternoon (19-12) tracked the Euro strengthened against the U.S. dollar rebounded and is in the range 1.3025.

Pair EUR/USD is still being monitored within the trading range is limited, although recent information about the indicators Current Account has just been released by the European Central Bank showed a decrease in performance in the foreign trade sector.

Reported that the ECB indicator October Current Account shows a deficit-7.5B previously expected to deteriorate into a-2.1b of the surplus value of the period September 2.2b.

Euro Moves Up Limited, Responding to the French Data Improvement

fxbom.com
10:02 PM

In European trading session today (15/12), it appears euro is moving to strengthen against currencies U.S. Dollar. Until now, the pair EUR / USD traded at around 1.3033, up 52 points (+0.40%) of the closure yesterday (14/12) at the position of 1.2982. Movement seems stronger euro is currently driven by improved economic data France, has just been released.

French Flash Manufacturing PMI recorded value of 48.7, better than expected worth of the previous period valued at 47.1 and 47.3. While the French Flash Services PMI data reportedly worth 50.2, also better than the previous expectation value of 49.1 and 49.6 for the previous period.