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Forex News: Euro Rises Against Majors

Euro Rises Against Majors

09/01/2017 - 06:44:00 (RTTNews)

(RTTNews) - The euro strengthened against other major currencies in the European session on Friday.

The euro rose to a 14-month high of 1.6657 against the NZ dollar and a 2-day high of 1.1929 against the U.S. dollar, from early lows of 1.6560 and 1.1879, respectively/

Against the pound and the yen, the euro advanced to 0.9222 and 131.27 from early lows of 0.9196 and 130.86, respectively.

The euro climbed to 1.1442 against the Swiss franc, from an early 2-day low of 1.1407.

Against the Australian and the Canadian dollars, the euro edged up to 1.5043 and 1.4892 from an early 1-week lows of 1.4962 and 1.4806, respectively.

If the euro extends its uptrend, it is likely to find resistance around 1.68 against the kiwi, 1.21 against the greenback, 0.94 against the pound, 132.00 against the yen, 1.15 against the franc, 1.52 against the aussie and 1.51 against the loonie.

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