Luis de Guindos — News Archive

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Euro Falls to 9-Day Lows on Trade Concerns and Positive US Data

The euro today fell to 9-day lows against the US dollar in the American session following the release of upbeat US data and a rally in US equity markets. The EUR/USD currency pair attempted to rally earlier today following upbeat trade headlines regarding the eurozone, but the rally quickly fizzled out.

Euro Near 22-Month Lows as the Eurozone Economy Slows Down

The euro today traded near 22-month lows against the US dollar as investors remained worried about the state of most euro area economies. The lack of releases from the eurozone docket also contributed to the EUR/USD currency pair’s decline amid mixed releases from the US docket.

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