XE Market Analysis: Europe – Oct 16, 2017

The dollar traded mostly firmer today, which follows losses on Friday in the wake of the sub-forecast U.S. data and, before that, about a week long period of declines. EUR-USD logged a four-session low at 1.1790, driven in part by dollar firmness and in part by euro weakness, as the common currency eked lower versus the yen, sterling and Swiss franc, among other currencies. The dollar, meanwhile, posted gains versus most emerging market and commodity currencies.