Euro close to the peak of 3 weeks in anticipation of results of the ECB meeting

The euro strengthened and traded at a three weeks peak against the dollar on Thursday in anticipation of the outcome of the ECB meeting, as the US currency slowed down against the background of a rollback of government bonds yields.
The focus of investors this week remains the euro after Italian Prime Minister Matteo Renzi announced his decision to retire after the failure of the referendum on constitutional reform.
Initially falling due to the news about the results of the referendum, the euro showed a strong rally on Monday and since then has been held near the maximum of three weeks against the dollar, as investors await the ECB decisions.
The European Central Bank will announce the extension of the quantitative easing program by six months on Thursday, while leaving the volume of buying up assets of EUR 80 billion, according to a majority of economists polled by Reuters.
In the morning the euro rose by 0.18 percent against the dollar to $1.0770, close to reached on Monday level of $1.0797, a peak from November 15.