The euro strengthened against other major currencies in the European session on Friday, as investors await the Fed and the ECB's monetary policy announcements next week.
Gediminas Simkus, a member of the European Central Bank Governing Council, dismissed the prospect of a rate increase at the meeting on April 30 but said that it cannot be ruled out this year.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.