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via fxstreet.comMarkets

Euro extends losses in risk-off markets despite bright German Industrial Production

FROM THE WIRE · FXSTREET.COM

The Euro (EUR) trades lower for the second consecutive day on Friday, with the US Dollar (USD) favoured by risk aversion amid a tech-led sell-off in equity markets.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe dollar gains from risk aversion amid a tech-led equity sell-off, pressuring EUR/USD.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The euro falls for the second consecutive day.
  2. 02The US dollar is favoured by risk aversion.
  3. 03A tech-led sell-off weighs on equity markets.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1179-0.03%today -0.35%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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