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Forex News: Euro Retreats Against Majors

Euro Retreats Against Majors

04/27/2017 - 06:35:00 (RTTNews)

(RTTNews) - Reversing direction, the euro edged down against its key counterparts in the European session on Thursday.

The euro eased back to 121.19 versus the yen, from a high of 121.63 hit at 4:30 am ET.

The euro dropped to 1.0892 against greenback and 1.0820 against the franc, off its previous highs of 1.0921 and 1.0843, respectively.

The euro hit a 9-day low of 0.8443 against the pound, after having advanced to 0.8495 at 8:15 pm ET.

The next possible support for the euro may be found around 1.07 against the greenback, 1.06 against the franc, 118.00 against the yen and 0.83 against the pound.

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