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Forex News: Euro Climbs Against Majors

Euro Climbs Against Majors

10/11/2017 - 02:56:00 (RTTNews)

(RTTNews) - The euro strengthened against its major rivals in pre-European deals on Wednesday.

The single currency advanced to a 2-day high of 0.8963 versus the pound, 9-day high of 132.97 against the yen, more than 2-week highs of 1.1834 against the greenback and 1.1535 versus the franc, from its early lows of 0.8939, 132.69, 1.1795 and 1.1506, respectively.

The euro climbed to near a 2-week high of 1.4794 against the loonie, 4-1/2-month high of 1.5191 against the aussie and a 17-month high of 1.6718 against the loonie, off its previous lows of 1.4765, 1.5145 and 1.6651, respectively.

If the euro rises further, it may find resistance around 1.19 against the greenback, 134.00 against the yen, 1.16 against the franc, 0.91 against the pound, 1.49 against the loonie, 1.53 against the aussie and 1.69 against the kiwi.

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