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Euro Bounces with Help from Positive GDP Figures

The euro was down intraday during the Tuesday’s session but bounced later, getting support from positive GDP figure released from the eurozone. Not all European macroeconomic indicators were good, though.

Euro Rebounds After Drop During Week

The past trading week was rather quiet due to Thanksgiving in the United States. With little going on in the USA, markets’ attention turned to Europe. Germany was in the spotlight due to its political issues, which sent the euro down during the week, though the currency recovered by the weekend.

Euro Lifted by Positive Data During Thursday’s Trading

The euro rallied today thanks to the very positive macroeconomic reports released during the current trading session. The accounts of the monetary policy meeting released by the European Central Bank had no material impact on the markets, though they contained some interesting information.

Euro Bounces After Decline Caused by Failed German Coalition Talks

The euro fell intraday after the news that German Chancellor Angela Merkel failed to form a coalition government. Yet the currency has bounced against most of its rivals by now, trading near the opening level.

Dollar Soft amid Continuing Uncertainty About US Tax Reform

The US dollar was soft during the past trading week, falling against its major rivals, as markets continued to watch the developments in the US tax reform story.

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 Mixed amid Clashing Fundamentals

The euro was mixed today, falling against the US dollar and the Great Britain pound, while rising versus the Japanese yen and the Swiss franc. The currency was supported by positive macroeconomic data and the outlook for an asset-purchase reduction, while dragged down by Europe’s political issues like the Brexit and separatism in Catalonia.

Euro Falls for Second Day After German Election

The euro fell today, retreating for the second day in a row, as the inconclusive outcome of the German federal election over the weekend led to political uncertainty in Europe.

Euro Fails to Profit from Positive PMI Readings

The euro failed to garner support from the very positive macroeconomic reports released today. The currency attempted to rally intraday, but failed to do so, and is now trading near or below the opening level against most of its rivals.

Euro Firm During Monday’s Trading, CPI Helps Preserve Momentum

The euro was relatively strong against its major rivals today. The inflation data released during the current trading session, being rather positive, did not give the currency a reason to reverse its trend.

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