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Euro Falls Despite Upbeat Euro Area Inflation Reports and Flash PMIs

The euro fell against the dollar despite a slate of positive inflation reports from Germany and Italy as investors sold the single currency. The EUR/USD currency pair fell to its daily lows in the early European session and traded sideways for the rest of the day.

Euro Rallies Against Dollar on Upbeat German PPI, and Eurozone PMIs

Today, the euro rallied higher against the much weaker dollar, extending yesterday’s gains buoyed by the positive euro area PMI reports released by Markit Economics. The EUR/USD currency pair rallied higher as investor sentiment towards the single currency turned bullish, boosted by the region’s improved COVID-19 vaccine rollout.

Euro Falls on US Stimulus Hopes and Risk-Off Mood, Disregards PMIs

The euro fell against the dollar for the third straight session today despite the release of multiple upbeat PMI prints from the euro area by Markit Economics. The EUR/USD currency pair’s decline was also fueled by the upbeat US jobs data and hopes for a massive US stimulus package from the democrats.

Euro Rallies on Upbeat Euro Area PMIs, Falls on FOMC Decision

The euro today surged higher against the dollar buoyed by the upbeat euro area PMI reports released by Markit Economics in the early European session. The EUR/USD currency pair later gave up most of its gains ahead of the US Federal Reserve‘s interest rate decision as the dollar inched higher before the announcement.

Euro Rallies to New 32-Month Highs Against Dollar, Later Falls

The euro today briefly rallied higher against the dollar touching 32-month highs before reversing course and heading lower as the greenback inched higher. The EUR/USD currency pair fell despite the release of mixed data from across the euro area as Hungary continues to oppose the European Union budget.

Euro Rallies Against Dollar, Later Falls on Dovish Sentiment

The euro today extended its losing trend against the much stronger US dollar driven by the release of mostly negative euro area PMI prints by Markit Economics. The EUR/USD currency pair today fell driven by the massive demand for the greenback amid fears that the rising coronavirus cases would derail the global economy.

Euro Trades Sideways Despite Upbeat Euro Area Flash PMI Prints

The euro today traded sideways against the US dollar as the market sentiment remained subdued despite the release of multiple PMI prints from the euro area by Markit Economics. The EUR/USD currency pair did not react to the US PMI releases as well amid a lack of volatility in the markets as the week comes to an end.

Euro Falls on Upbeat Euro Area PMIs, Rallies on Upbeat US PMI Data

The euro today fell against the US dollar despite upbeat releases from German combined with positive euro area PMI data released by Markit Economics. The EUR/USD currency pair rallied higher after the release of upbeat US PMI data, which was surprising given that the print beat analysts expectations by a wide margin.

Euro Advances on Upbeat Markit Flash PMIs and Positive Sentiment

The euro today rallied higher against the US dollar boosted by the improved investor risk appetite, which saw investors pile into riskier assets. The EUR/USD currency pair’s rally was also fueled by the positive PMI prints released by Markit Economics.

Euro Rallies to 2-Month Highs on Positive Euro Area Data, Sentiment

The euro today rallied to new 2-month highs against the US dollar boosted by the improved market risk appetite as most equity markets across the globe rally. The EUR/USD currency pair gains came at the greenback’s expense, which lost ground against other currencies as investor demand for safe-haven assets receded.

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