December Euro futures fell for a third straight session today, hitting a three-month low and closing the week lower by more than 9/10 of 1%. This marks the second worst down week in the last 12 weeks. The Euro currency is near its session lows, still down by over a third of 1%. Mixed European economic data showed modest strength in growth and labor markets, but inflation is cooling. Eurozone October CPI dropped 2.1% year-over-year, matching estimates. Eurozone third quarter GDP rose 0.2% quarter-over-quarter, beating expectations of 0.1%. However, Germany’s third quarter GDP stalled at 0%. Hawkish comments from two FOMC voting members, including one dissenter against rate cuts due to high inflation, strengthened the U.S. dollar, which in turn weakened the Euro. Dallas Federal Reserve President Laurie Logan also suggested the Federal Reserve should not have cut interest rates this week and should not do so again in December.