Focus yesterday fell on the euro which saw significant demand from traders due to expectations of an ECB taper as well as optimistic expectations for growth in 2018. EUR/USD rallied .75% to reach a 4 month high at 1.2081 in addition to EUR/JPY reachi… Read more

The dollar weakened overnight after the Fed raised interest rates by 25 basis points to 1.25%-1.50% as was widely expected and kept its projections for three hikes in 2018 unchanged. The lack of higher expectations for next year may have disappointed… Read more

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 Euro Updating
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