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Euro Falls to Three-Year Low vs. Franc on Coronavirus Fears, Economic Data

The euro was weak today, falling for the sixth consecutive day to the lowest level in three years against the Swiss franc. Risk aversion caused by an unexpected surge of infected people in China was weighing on the shared 19-nation currency, while eurozone macroeconomic data was not helping as well.

Euro Flat-to-Higher Despite Slump of German Manufacturing Orders

The euro was flat today and even gained on some of its rivals despite the slump of German manufacturing orders. The likely reason for the decent performance was the positive market sentiment.

Euro Holds Ground After Inflation Slows

The euro rose against other most-traded currencies today even after a report confirmed that eurozone inflation slowed last month. It looks like the market sentiment is recovering as riskier currencies are gaining upward momentum, while safer ones seem to be under pressure.

Euro Softer After Slew of Macroeconomic Reports

The euro fell against the US dollar as well as some other major currencies after the release of a slew of macroeconomic reports in Europe today. Market experts attributed the euro’s decline to the weaker-than-expected inflation data. Unemployment reports, on the other hand, were surprisingly good.

Euro Jumps as German Economic Sentiment Improves Sharply

The euro rallied today after the release of positive economic sentiment figures for Germany as well as the whole eurozone. But economists are worried that the eurozone economy is still extremely vulnerable and the improvement of the sentiment does not reflect the underline strength of the economic activity.

Euro Rallies on Positive Data, Remains Vulnerable Ahead of ECB

The euro rallied against most major currencies today. Some analysts attributed the rally to reports that Germany plans to stimulate its economies. Others pointed at today’s positive data as the main catalysts of the euro’s advance. The rally may be short-lived, though, as most market participants are not bullish on the euro ahead of this week’s European Central Bank monetary policy meeting.

Euro Mostly Little Changed Despite Dismal Manufacturing PMIs

The euro was little changed for the most part on Monday. While the currency fell versus some of its rivals, it managed to gain on the Great Britain pound. Overall, the euro’s performance was fairly good considering that manufacturing indices were rather bad in the most regions of the eurozone, except for France, as well as in the whole eurozone itself.

Euro Attempts to Hold Ground amid Clashing Fundamentals

The euro was relatively firm today, though the currency fell against some of its rivals, most notably the extremely strong Great Britain pound. Fundamentals clashed, with positive macro releases pushing the currency up but the dovish stance of the European central bank driving it down.

Euro Mixed After German PPI Rises Unexpectedly

The euro was mixed against other currencies despite macroeconomic data in Germany was better than expected.

Euro Firm in Face of Worsening German Business Climate

The German business climate worsened this month. But while the euro fell versus commodity currencies, it surprisingly managed to log substantial gains versus majors.

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