# Euro a haven and much more as Draghi says wage growth is coming | The Peninsula Qatar

> The euro is attracting buyers during risk-asset sell-offs, supported by haven flows, carry-trade unwinds and an improving European growth and inflation outlook. Markets are not pricing ECB rate hikes until at least 2019, and the euro has not yet decisively broken above $1.20.

- Date: 2017-11-17 · published 2017-11-17T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/68192-euro-a-haven-and-much-more-as-draghi-says-wage-growth-is-coming-the-peninsula
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer euro against the dollar tends to support dollar-priced commodities, while risk-off flows can add volatility to commodity markets that feed buyers hedge.

## Read by commodity

- EURUSD: bullish ▲

## Sources

- thepeninsulaqatar.com: https://thepeninsulaqatar.com/article/17/11/2017/Euro-a-haven-and-much-more-as-Draghi-says-wage-growth-is-coming

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