# Euro slips from three week highs as ECB meeting in focus

> The euro held slightly below three-week highs against the dollar on December 6 after a rally on Monday that followed Italian Prime Minister Renzi's loss in a constitutional referendum, which traders viewed as expected. Investors were focused on the upcoming ECB meeting and possible hawkish signals.

- Date: 2016-12-06 · published 2016-12-06T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/73664-euro-slips-from-three-week-highs-as-ecb-meeting-in-focus
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves around the ECB meeting shift the relative cost of US-priced feed commodities for European buyers, with a firmer euro modestly supportive of dollar-priced grain demand from Europe.

## Read by commodity

- EURUSD: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/global-forex-idUSL1N1E10VU/?feedName=usDollarRpt&feedType=RSS

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