Euro Outlook EUR/USD fell 0.40% to 1.1750 with significant support nearby at 1.1700. A failure would target further losses to 1.1700. The dollar-bloc currencies came in for particular attention. The greenback enjoyed a robust overnight session as investors rotated out of G-10 currencies and into dollar and yen haven positioning. The dollar index rose through its 50-day moving average (DMA), finishing 0.50% higher at 93.50. It may well test monthly resistance at 94.00 into the end of the week. The ECB left unchanged interest rate on the main refinancing operations at 0%, the interest rate on the marginal lending facility at 0.25% and the deposit facility at -0.50%.. The ECB left the PEPP bond buying programme at €1.5 trillion, unchanged and which is expected to run until at least June next year. Furthermore, the ECB indicated that the updated projections to be released in December should help recalibrating the stimulus. The ECB sees interest rates remaining at current or even lower levels until the inflation outlook converges with the bank’s target. President Christine Lagarde’s press conference and the subsequent Q&A session are now in focus.