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EUR\/USD declines below the round-level support of 1.0700 in Wednesday\u2019s\u00a0American\u00a0session. The major currency pair remains on the backfoot as the Euro\u2019s near-term outlook weakens amid uncertainty over European Union (EU) legislative elections and growing speculation that the European Central Bank (ECB)<\/a> could deliver subsequent rate cuts.<\/p>\n Fears over Eurozone<\/a> elections intensified after French President Emmanuel Macron called for a snap election when his party suffered defeat in preliminary results from Marine Le Pen\u2019s far-right National Rally (RN). The Euro could face more pressure if the shared continent sees a major policy shift.<\/p>\n Meanwhile, expectations for the ECB to deliver back-to-back rate cuts improve as the German economic outlook<\/a> appears to be worsening due to weak demand prospects. Data showed on Monday that the German IFO Expectations index unexpectedly dropped to 89.0 from the estimates of 91.0 and the former release of 90.3 (downwardly revised from 90.4). On the data release, IFO President Clemens Fuest said, “The German economy is having difficulty overcoming stagnation.”<\/p>\n This week<\/a>, investors will focus on preliminary June inflation data for Spain, France, and Italy, which will be published on Friday.\u00a0<\/p>\n The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the New Zealand Dollar.<\/p>\n The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\nDaily digest market movers: EUR\/USD tumbles as\u00a0US Dollar surges<\/h2>\n
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Euro Price Today:<\/h2>\n
Euro PRICE Today<\/h2>\n
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\n \n\u00a0<\/th>\n EUR<\/th>\n USD<\/th>\n GBP<\/th>\n JPY<\/th>\n CAD<\/th>\n AUD<\/th>\n NZD<\/th>\n CHF<\/th>\n<\/tr>\n<\/thead>\n \n EUR<\/th>\n \u00a0<\/td>\n -0.41%<\/td>\n -0.01%<\/td>\n 0.05%<\/td>\n -0.15%<\/td>\n -0.36%<\/td>\n 0.30%<\/td>\n -0.16%<\/td>\n<\/tr>\n \n USD<\/th>\n 0.41%<\/td>\n \u00a0<\/td>\n 0.40%<\/td>\n 0.48%<\/td>\n 0.28%<\/td>\n 0.03%<\/td>\n 0.69%<\/td>\n 0.26%<\/td>\n<\/tr>\n \n GBP<\/th>\n 0.00%<\/td>\n -0.40%<\/td>\n \u00a0<\/td>\n 0.08%<\/td>\n -0.14%<\/td>\n -0.36%<\/td>\n 0.32%<\/td>\n -0.14%<\/td>\n<\/tr>\n \n JPY<\/th>\n -0.05%<\/td>\n -0.48%<\/td>\n -0.08%<\/td>\n \u00a0<\/td>\n -0.23%<\/td>\n -0.47%<\/td>\n 0.21%<\/td>\n -0.24%<\/td>\n<\/tr>\n \n CAD<\/th>\n 0.15%<\/td>\n -0.28%<\/td>\n 0.14%<\/td>\n 0.23%<\/td>\n \u00a0<\/td>\n -0.28%<\/td>\n 0.43%<\/td>\n -0.03%<\/td>\n<\/tr>\n \n AUD<\/th>\n 0.36%<\/td>\n -0.03%<\/td>\n 0.36%<\/td>\n 0.47%<\/td>\n 0.28%<\/td>\n \u00a0<\/td>\n 0.66%<\/td>\n 0.22%<\/td>\n<\/tr>\n \n NZD<\/th>\n -0.30%<\/td>\n -0.69%<\/td>\n -0.32%<\/td>\n -0.21%<\/td>\n -0.43%<\/td>\n -0.66%<\/td>\n \u00a0<\/td>\n -0.44%<\/td>\n<\/tr>\n \n CHF<\/th>\n 0.16%<\/td>\n -0.26%<\/td>\n 0.14%<\/td>\n 0.24%<\/td>\n 0.03%<\/td>\n -0.22%<\/td>\n 0.44%<\/td>\n \u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Technical Analysis: EUR\/USD establishes below 1.0700<\/h2>\n