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The euro fell 0.25% to $1.1881 on Friday after a six-month winning streak, as investors awaited a European Central Bank meeting where officials were expected to discuss the currency's strength. Reuters polling showed few analysts expected a withdrawal timeline.
Expectations of only gradual ECB tapering keep the euro supported, which in turn weighs on dollar-priced commodities and EU import demand dynamics.
thenationalnews.comReutersSep 1, 2017After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
