|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||41.10 - 41.32|
|52 Week Range||30.95 - 41.64|
|PE Ratio (TTM)||-6.87|
|Expense Ratio (net)||0.29%|
The euro-dollar (FXE) pair closed the week ending October 13 at 1.1822 against the US dollar (UUP). The shared currency managed to rebound from an 11-week low the week before, affected by political turmoil ...
It's possible that political pressures could keep the euro under pressure as the economic calendar remains light in the Eurozone.
According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) improved strongly in September 2017.
The euro-dollar (FXE) closed the week ending September 29 at 1.1814 against the US dollar (UUP). German election results had a minor negative impact on the shared currency.
Chancellor Angela Merkel won the German Election Sunday, but weakened support for Merkel's conservative alliance with only about a 33% share of the vote and the rise of an anti-immigrant and national party did not translate into a victory, at least in the markets. The Stoxx Europe 600 was up slightly, while the euro fell 0.6% against the U.S. dollar. European Central Bank President Mario Draghi is due to speak later today.
According to data provided by Markit Economics, the August France Services PMI (purchasing managers’ index) stood at 54.9 in August 2017 compared with 56 in July 2017.
As per the latest Commitment of Traders (or COT) report, released on Friday, September 15 by the Chicago Futures Trading Commission (or CFTC), speculators turned bullish on the euro during the week.
The euro closed the week ended September 8, 2017, at ~1.20 against the US dollar. It rose 1.48% against the US dollar as euro bulls took charge.
The euro (FXE) closed the week ended September 1, 2017, at 1.19 against the US dollar (UUP). It lost 0.56% against the US dollar.
European Central Bank President Mario Draghi gave didn't comment about removing monetary stimulus in his speech at the Jackson Hole symposium.
On a year-over-year basis, the Eurozone Inflation Index was at 1.3% in July 2017—the same as in June, according to data provided by Eurostat.
The Eurozone Services PMI remained unchanged in July 2017, coming in at 55.4 but missing the preliminary market estimation.
The July France Services PMI (purchasing managers’ index) stood at 56.0 in July 2017, compared with 56.9 in June 2017, meeting the initial estimate of 55.9.
The European economy has expanded in the last 17 consecutive quarters. The Eurozone’s annual growth rate is 2.1%—the highest growth rate in the last six years.
According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) stood at 56.6 in July 2017 as compared to the 57.4 in June 2017.