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Euro Sinks As ECB Says No Interest Rate Hikes in 2018

The euro dipped today following the European Central Bank policy meeting as the ECB signaled that it is not going to raise interest rates in 2018 — a message that markets did not like.

Euro Soft After Bunch of Weak Economic Releases from Eurozone

The euro fell against its major rivals today after the release of worse-than-expected economic reports in Germany and France. Fears of trade wars were also hurting the currency. Currently, the euro has trimmed its losses but is still trading below the opening level.

Euro Weak After Bunch of Soft Data from Eurozone

The euro was weak today following macroeconomic releases during the Monday’s trading session. Not all of the reports were bad, but markets paid more attention to the negative part of the data.

Euro Slips as ZEW Economic Sentiment Declines Sharply

The euro fell against most its major rivals (though not against the weak Great Britain pound) on Tuesday as the ZEW Economic Sentiment for Germany was rather disappointing.

Euro Mixed After European Elections, Disappointing Economic Reports

The euro fell against the US dollar intraday but has managed to recover by now. Against other majors the shared 19-nation currency was mixed, rising against the safe currencies, like the Japanese yen, but falling versus the Great Britain pound. The major driver for the currency were European election on the weekend.

Euro Firm Despite Mixed Data & Risk-Off Sentiment

The euro was trading mostly higher today (though not against the extremely strong Japanese yen) even as domestic macroeconomic data was mixed and the general sentiment on the Forex market was in favor of safer currencies.

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.

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