Francois Villeroy de Galhau — News Archive

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Euro Rallies on ECB Comments and In-Line Eurozone Inflation Data

The euro today inched higher against the dollar as rising eurozone coronavirus cases continued to weigh on the single currency amid mixed inflation reports. The EUR/USD currency pair was trading sideways earlier today before surging higher boosted by positive comments from European Central Bank policymakers.

Euro Trades Lower Against US Dollar on Jawboning by ECB Members

The euro today traded slightly lower against the US dollar following comments by some members of the European Central Bank‘s governing council. The dovish comments by Ewald Nowotny and Villeroy triggered a knee-jerk reaction by the EUR/USD currency pair, which headed lower.

Euro Rallies Higher Against US Dollar on Hawkish ECB Minutes

The euro today rallied higher against the US dollar after hawkish comments from the European Central Bank minutes released today. Weak initial jobless claims data from the US docket also contributed to the EUR/USD’s rally as it did not meet market expectations.

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