Euro dips against dollar for first time in five sessions
2017-10-12 15:51:37 GMT (Economies.com)
Euro dips against dollar for first time in five sessions

Euro fell away from the highest since September 25 against the dollar, following an array of data and developments from the euro zone and the US, including speeches by European Central Bank President Mario Draghi, Federal Open Market Committee members Lael Bernard and Jerome Powel. 

 

As of 04:24 GMT, EUR/USD fell 0.16% to 1.1840 from the opening of 1.1859, with an intraday low at 1.1829, and a two-week high at 1.1880. 

 

Earlier data from France, the euro zone's second largest economy, showed the final reading of consumer prices down 0.2%, compared to the preliminary reading and expectations of 0.5%, while industrial production accelerated to 1.4% from 0.3% in August, besting expectations of 0.6%. 

 

Otherwise, earlier US data showed unemployment claims fell more than expected last week, as producers prices grew 0.4% in line with expectations in September, as core prices accelerated to 0.4% beyond forecasts. 

 
 
 
  Symbol Last Change Chg.%
1.1774
0.0008
0.0680%
1.3218
0.0032
0.2446%
16.992
-0.056
0.329%
52.055
0.020
0.038%
57.85
0.10
0.17%
1276.640
-3.905
0.305%
 
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