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LOW IMPACT FXStreet · May 13, 10:14 AM

Euro extends losses below 1.1700 as Eurozone data disappoints

The Euro (EUR) extends losses against the Dollar (USD) for the second consecutive day on Wednesday, trading below 1.1700 at the time of writing after rejection at 1.1790 on Tuesday.

SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BEARISH 75% confidence

The Euro is likely to continue its downward trend as disappointing Eurozone data weighs on investor sentiment. A further decline below 1.1700 may lead to increased selling pressure.

AI-generated analysis. For educational purposes only — not financial advice.

The Euro (EUR) extends losses against the Dollar (USD) for the second consecutive day on Wednesday, trading below 1.1700 at the time of writing after rejection at 1.1790 on Tuesday.

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