{"id":107597,"date":"2021-01-05T19:34:13","date_gmt":"2021-01-05T19:34:13","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107597"},"modified":"2021-01-05T19:34:13","modified_gmt":"2021-01-05T19:34:13","slug":"105176-eur-usd-eyes-1-2300-on-usd-weakness","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105176-eur-usd-eyes-1-2300-on-usd-weakness\/","title":{"rendered":"EUR\/USD eyes 1.2300 on USD weakness"},"content":{"rendered":"<ul>\n<li><strong>EUR\/USD advanced in the latter part of the day.<\/strong><\/li>\n<li><strong>US Dollar Index declines to 89.50.<\/strong><\/li>\n<li><strong>Rising risk sentiment drags on the greenback.<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The EUR\/USD traded a tight range around 1.2770 in the early European session and edged higher in the NA session amid a softer tone surrounding the greenback..<\/span><\/p>\n<p><strong>USD selloff picks up steam<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Upbeat US macro releases along with the potential for a Democratic majority in the Senate after election in Georgia boosted market sentiment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Reflecting the positive mood, US equity indices traded up 0.3% and the US Dollar Index dropped 0.38% at 89.53.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ISM Manufacturing PMI in December climbed to the highest level since August 2018 at 60.7.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On Wednesday, the IHS Markit\u00a0 Services PMI data for Germany, the euro area and later the US will be in focus, as well as the ADP Employment Change. The Georgia election results will also watched closely.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD advanced in the latter part of the day. US Dollar Index declines to 89.50. Rising risk sentiment drags on the greenback. The EUR\/USD traded a tight range around 1.2770 in the early European session and edged higher in the NA session amid a softer tone surrounding the greenback.. USD selloff picks up steam Upbeat [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5721,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[],"class_list":{"0":"post-107597","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-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 eyes 1.2300 on USD weakness - 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\/105176-eur-usd-eyes-1-2300-on-usd-weakness\/\" \/>\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\\\/105176-eur-usd-eyes-1-2300-on-usd-weakness\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105176-eur-usd-eyes-1-2300-on-usd-weakness\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/USD eyes 1.2300 on USD weakness\",\"datePublished\":\"2021-01-05T19:34:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105176-eur-usd-eyes-1-2300-on-usd-weakness\\\/\"},\"wordCount\":148,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105176-eur-usd-eyes-1-2300-on-usd-weakness\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/usd-euro-Attention-Turns-To-German-US-Economic-Data.jpg\",\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105176-eur-usd-eyes-1-2300-on-usd-weakness\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105176-eur-usd-eyes-1-2300-on-usd-weakness\\\/\",\"name\":\"EUR\\\/USD eyes 1.2300 on USD weakness - 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