Euro Rises Against Most Majors
January 24 2016 - 9:40PM
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The euro strengthened against most major currencies in the early
European session on Monday.
The euro rose to 1.0833 against the U.S. dollar, from an early
4-day low of 1.0783.
The euro advanced to 0.7598 against the pound and 1.0984 against
the Swiss franc, from early lows of 0.7553 and 1.0950,
respectively.
Against the Australian, the New Zealand and the Canadian
dollars, the euro edged up to 1.5534, 1.6714 and 1.5397 from early
lows of 1.5373, 1.6545 and 1.5246, respectively.
If the euro extends its uptrend, it is likely to find resistance
around 1.09 against the greenback, 0.77 against the pound, 1.10
against the franc, 1.59 against the aussie, 1.70 against the kiwi
and 1.59 against the loonie.
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