{"id":107026,"date":"2020-12-03T19:17:52","date_gmt":"2020-12-03T19:17:52","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107026"},"modified":"2020-12-04T08:17:11","modified_gmt":"2020-12-04T08:17:11","slug":"eur-usd-slips-from-2020-highs","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/eur-usd-slips-from-2020-highs\/","title":{"rendered":"EUR\/USD slips from 2020 highs"},"content":{"rendered":"<ul>\n<li><strong>EUR\/USD advances testing 1.2140,a fresh32-month high.<\/strong><\/li>\n<li><strong>Vaccine news, stimulus hopes underpin the pair<\/strong><\/li>\n<li><strong>German Services PMI remained in contraction<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The EUR\/USD gained traction hitting new peaks in the 1.2140 zone.<\/span><\/p>\n<p><strong>EUR\/USD boosted\u00a0 by risk trends<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">EUR\/USD extends gains\u00a0 1.21 on Thursday, as investors\u2019 appetite for the risk-associated assets remains firm.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Growing expectations of additional US fiscal\/monetary stimulus under the Biden\u2019s administration combined with vaccine optimism lifted flows into riskier assets and currencies,\u00a0 all in detriment of the dollar.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the calendar, Eurozone November\u2019s final Services PMI\u00a0 remained in contraction territory (below the 50 threshold).Eurozone Retail Sales for October are due later..<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the US Initial Claims and ISM Non-Manufacturing and final Markit\u2019s Services PMI, for November.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What to look for around EUR<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0EUR\/USD hit another high beyond 1.2100 close to highs seen\u00a0 in April 2018 near 1.2140, thanks to a favourable risk climate.EUR\/USD appears supported by expectations of strong economic recovery in the region the rising prospect of additional stimulus in the US. Risks to this positive view stem from potential political problems surrounding the EU Recovery Fund and the growing possibility of further ECB easing announced in the December meeting.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD advances testing 1.2140,a fresh32-month high. Vaccine news, stimulus hopes underpin the pair German Services PMI remained in contraction The EUR\/USD gained traction hitting new peaks in the 1.2140 zone. EUR\/USD boosted\u00a0 by risk trends EUR\/USD extends gains\u00a0 1.21 on Thursday, as investors\u2019 appetite for the risk-associated assets remains firm. Growing expectations of additional US [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":4996,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[1395,2412,1398],"class_list":{"0":"post-107026","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd","9":"tag-eur","10":"tag-eur-usd","11":"tag-usd"},"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 slips from 2020 highs - 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\/eur-usd-slips-from-2020-highs\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\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\\\/eur-usd-slips-from-2020-highs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-usd-slips-from-2020-highs\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/USD slips from 2020 highs\",\"datePublished\":\"2020-12-03T19:17:52+00:00\",\"dateModified\":\"2020-12-04T08:17:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-usd-slips-from-2020-highs\\\/\"},\"wordCount\":203,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-usd-slips-from-2020-highs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100707-gbp-eur-angela-merkel-resigns.jpg\",\"keywords\":[\"eur\",\"eur\\\/usd\",\"usd\"],\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-usd-slips-from-2020-highs\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-usd-slips-from-2020-highs\\\/\",\"name\":\"EUR\\\/USD slips from 2020 highs - 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