Euro slips against dollar in holiday-calm trading

Economies.com
2020-11-26 15:19PM UTC

Euro fell against the US dollar on Thursday, amid holiday-calm trading.

 

This comes maid a public holiday in the US, with stock and bond markets being closed in observance of Thanksgiving, and will return to work on Friday.

 

Eurozone's M3 money supply index rose 10.5% during the past month, slightly higher than forecasts of 10.4%.

 

The private loans index also rose by 3.1% in October, on par with analysts' forecasts.

 

Investors are still anticipating the latest updates of the coronavirus crisis, especially after the recent announcements of promising Covid-19 vaccines, and the European Commission's announcement that vaccination will launch before the end of this year.

 

As of 15:18 GMT, EUR/USD fell 0.1% to 1.1903, after hitting today's high at 1.1943 and the low at 1.1886.

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