EUR/USD week 43

The euro touched $1.187 for the first time since September 21st on Wednesday, amid renewed Brexit optimism and broad dollar weakness. EU chief Brexit negotiator Michel Barnier told the European Parliament that a trade deal with the UK was within reach if both sides are willing to work constructively, and are ready over the next few days to resolve the sticking points. At the same time, the prospect of a coronavirus aid package in the US before the November election boosted demand for riskier currencies.

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