Forex Today: Euro stabilizes as markets await comments from central bankers | FXStreet

The euro held steady in Thursday’s European session after sharp losses earlier in the week, as markets waited for comments from central bankers. The article notes that ECB minutes from September and speeches from the ECB and Bank of England are scheduled, alongside U.S. data including weekly Initial Jobless Claims and August Wholesale Inventories. It attributes the euro’s midweek pressure to widening French-German bond yield spreads and growing doubts over how far the ECB can tighten policy. EUR/USD was near 1.1200 early Thursday after falling more than 0.5% and approaching a 17-month low. It also cites that Fed minutes suggested most policymakers still saw a hike as likely by year-end, but odds for an October hike have eased.