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EUR maintains a tight range – Scotiabank
1734530642 from FXStreet
The final Eurozone CPI for November was revised down to 2.2%, from the preliminary 2.3%. Core inflation was left unchanged at 2.7%. The Euro (EUR) is virtually flat on the day and ignored the data as tight range trading extended for another day, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
EUR: German story to stay soft before turning any better – ING
1734512473 from FXStreet
The latest input to the eurozone’s growth story – another decline in the German Ifo index – should keep market’s dovish tendency in European Central Bank pricing well intact, even if consensus is building that the upcoming German election will generate some degree of fiscal support.
EUR/USD consolidates despite increasing political woes in Europe – OCBC
1734444506 from FXStreet
The Euro (EUR) continues to hold steady at around 1.0500 against the US Dollar (USD) despite increasing political uncertainty in Germany, France and a Moody’s rating downgrade on French credit on Friday, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
Dollar Firms on Euro and Yen Weakness
1734369677 from NASDAQ
The dollar index (DXY00 ) today is up by +0.06%. The dollar today recovered from early losses and is slightly higher on weakness in the euro and yen. The dollar today initially posted modest losses due to a decline in T-note yields. Also, strength in stocks today has curbed liquidity...