# European stocks perk up as markets slow for Thanksgiving | Reuters

> The euro edged down 0.13% to $1.0552 after rising 0.7% in the previous session. The move followed ECB board member Isabel Schnabel's remarks that rate cuts should be gradual and move policy to neutral. European stock markets were quiet during the Thanksgiving holiday.

- Date: 2024-11-28 · published 2024-11-28T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/27622-european-stocks-perk-up-as-markets-slow-for-thanksgiving-reuters
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves of this size have little direct effect on feed grain prices, but they shape the dollar's direction and European import demand at the margin.

## Read by commodity

- EURUSD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/global-markets-wrapup-1-2024-11-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.