{"id":104352,"date":"2020-09-09T08:27:20","date_gmt":"2020-09-09T07:27:20","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104352"},"modified":"2020-09-09T16:27:07","modified_gmt":"2020-09-09T15:27:07","slug":"104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\/","title":{"rendered":"EUR\/USD Needs ECB Thursday Clarity for A Directional Move"},"content":{"rendered":"<ul>\n<li><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-us-dollar-live-exchange-rate\/\">US dollar<\/a> (USD) uptick weakens the pair.<\/li>\n<li>Risk-off mood gains the upper hand in markets.<\/li>\n<li>ECB policy on focus, GDP numbers shrugged off.<\/li>\n<\/ul>\n<p>The <a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-to-usd-exchange-rate-today\/\">EUR\/USD<\/a> recorded sixth continuous negative close yesterday as the US dollar demand was in vogue amidst risk-off sentiments in the markets.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-to-usd-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time EUR to USD exchange rate<\/span><\/a><\/div>\n<p>The downtick extended the previous day&#8217;s weakness as the traders came back to the pit after the US Labour Day holiday.<\/p>\n<p>The global equity selloff marked the turn in the risk sentiments as the chances of a no-deal Brexit increased and AstraZeneca pushed the testing of coronavirus vaccine to a later date.<\/p>\n<p>Euro had a weak run since the comments from ECB officials regarding its strength against the greenback and shrugged off a Eurozone-GDP upward revision. The second-quarter GDP contraction was put at -11.8 Percent from an earlier estimate of -12.1 Percent, by the Eurostat. The common currency continued its pullback from 28-month highs &#8211; above 1.2000, and has touched a three-week low during the early Asian session today.<\/p>\n<p>The bears might not be able to extend this run further as the focus has now shifted to the ECB decisions due tomorrow; traders usually prefer to wait on the sidelines before such significant events. The pair might be confined in a range ahead of ECB as both the US and Eurozone look forward to a light economic-docket.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US dollar (USD) uptick weakens the pair. Risk-off mood gains the upper hand in markets. ECB policy on focus, GDP numbers shrugged off. The EUR\/USD recorded sixth continuous negative close yesterday as the US dollar demand was in vogue amidst risk-off sentiments in the markets. The downtick extended the previous day&#8217;s weakness as the traders [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5537,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[1886,1413,2412,1397,3259],"class_list":{"0":"post-104352","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd","9":"tag-brexi","10":"tag-ecb","11":"tag-eur-usd","12":"tag-us-dollar","13":"tag-us-labour-day"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/USD Needs ECB Thursday Clarity for A Directional Move - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"EUR\\\/USD Needs ECB Thursday Clarity for A Directional Move\",\"datePublished\":\"2020-09-09T07:27:20+00:00\",\"dateModified\":\"2020-09-09T15:27:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\\\/\"},\"wordCount\":262,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100608-gbp-eur-will-dovish-ecb-lower-euro.jpg\",\"keywords\":[\"brexi\",\"ecb\",\"eur\\\/usd\",\"us dollar\",\"US Labour Day\"],\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104219-eur-usd-needs-ecb-thursday-clarity-for-a-directional-move\\\/\",\"name\":\"EUR\\\/USD Needs ECB Thursday Clarity for A Directional Move - 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