Carles Puigdemont — News Archive

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Euro Rises vs. Dollar, Vulnerable vs. Other Majors

The euro rose against the weak US dollar, but traded flat-to-lower versus most other major currencies on Monday. Among factors influencing the currency were new developments in the Catalan situation and disappointing inflation data.

Euro Crashes Against US Dollar as ECB Slashes QE Program by Half

The euro today crashed against the US dollar after the European Central Bank announced that it would cut its quantitative easing program by half to €30 billion in 2018. The ECB also left interest rates at their current levels with Mario Draghi, the ECB President, expressing concern over a number of financial issues facing the Eurozone including low inflation rates.

EUR/USD Rallies as Spanish Government Tightens Grip on Catalonia

The EUR/USD currency pair rallied to new highs today despite the announcement by the Spanish government that it would invoke Article 155 suspending Catalonia’s autonomy. The currency pair rallied higher in the early North American session ignoring the release of positive US unemployment data by the Department of Labor.

Euro Flat in Anticipation of Economic Data & ECB

The euro was mostly flat today as markets turned their attention away from politics towards the next week’s European Central Bank policy meeting and economic data that may influence the ECB decision.

Euro Stable as Catalonia’s Struggle for Independence Continues

The euro was stable today as the story of Catalonia’s fight for independence continued to unfold.

EUR/USD Retreats from Weekly Highs on Catalan Uncertainties

The EUR/USD currency pair today retreated from daily highs hit in the early European session due to uncertainties relating to the Catalan independence movement. The currency pair had rallied to weekly highs in the early European session following a broad-based selling of the US dollar and positive German trade balance data.

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