EUR/USD Takes Lower-than-Expected German Inflation Figures in Stride

Europe's single currency (EUR/USD) extended gains over a broadly weaker US dollar during early North American trade on Monday as it appeared to shrug off lower-than-expected German inflation figures for April.

MT Newswires09:07 ET

German Inflation Ticks Up Again as Energy Support Ends

German inflation accelerated for the first time since December, highlighting warnings by the European Central Bank that there’ll be bumps on the path back to the 2% target.

BNN Bloomberg08:28 ET

The inflation data is “ugly. The Fed's debate is shifting from when to cut interest rates to whether to cut interest rates

The Fed's debate is beginning to shift from how many times to cut interest rates this year to whether to cut interest rates in 2024.

Zhitong Finance07:15 ET

Irish Economy Grew Again, Boosting Eurozone Rebound Hopes

Ireland's economy grew for the first time in more than a year during the three months through March, a boost to hopes that the eurozone has emerged from a shallow recession.

WSJ06:12 ET

EUR/USD Surrenders Intraday Gains Ahead of US, Eurozone Data-packed Week

The EUR/USD pair struggles to sustain above the round-level resistance of 1.0700 in Monday’s European session.

FXStreet06:10 ET

Eurozone Remains Weak -- Market Talk

Weakening confidence among eurozone businesses will keep the European Central Bank on track for a series of rate cuts beginning in June, says Franziska Palmas, Europe economist at Capital Economics. Overall economic sentiment declined unexpectedly this month as confidence deteriorated in industry and services, while consumer confidence was little improved, according to monthly European Commission surveys set out Monday.

WSJ05:45 ET