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Euro stable amid the optimism over the region's economy

ArgusFX

The euro stabilized today following the recent optimism on the euro region's economy amid the expectations that the ECB will be winding down its bond purchasing stimulus scheme in 2018.

Euro vs. the U.S. dollar to 1.2048
The euro traded to 1.2048 against the U.S. dollar declining 0.1% while the currency approached since yesterday's trading session the 1.2081 level.

The U.S. dollar index stabilized at 91.90, whereas the Canadian dollar reached the C$1.2521 per U.S. dollar.

Gold gains in Asian session

The precious metal, gold, appreciated in Asia's trading session upon a probable rise in the nuclear weapons policy' stakes following Donald Trump's remark to Kim Jong-un on Twitter.

The gold futures for delivery in February, on the New York Mercantile Exchange in the Comex division, approached $1,319.50 a troy ounce rising 0.26%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/euro-stable-amid-the-optimism-over-the-region-s-economy
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