Euro Demand Could Improve After Recent Losses

The euro was stronger and demand for the currency could improve given the speed of its recent depreciation against the dollar following the U.S. election, MUFG Bank said, adding that the risk of the ECB cutting rates by less than expected could also benefit the currency.

The euro was stronger and demand for the currency could improve given the speed of its recent depreciation against the dollar following the U.S. election, MUFG Bank said, adding that the risk of the ECB cutting rates by less than expected could also benefit the currency.