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Forex News: Euro Rises Against Majors

Euro Rises Against Majors

10/10/2017 - 01:13:00 (RTTNews)

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

The euro rose to a 6-day high of 1.1782 against the U.S. dollar and a 4-day high of 132.71 against the yen, from yesterday's closing quotes of 1.1739 and 132.27, respectively.

Against the pound and the Swiss franc, the euro advanced to 0.8949 and 1.1517 from yesterday's closing quotes of 0.8933 and 1.1502, respectively.

Against the New Zealand and the Canadian dollars, the euro climbed to nearly a 5-week high of 1.6649 and nearly a 2-week high of 1.4751 from yesterday's closing quotes of 1.6616 and 1.4731, respectively.

If the euro extends its uptrend, it is likely to find resistance around 1.19 against the greenback, 135.00 against the yen, 0.91 against the pound, 1.17 against the franc, 1.67 against the kiwi and 1.49 against the loonie.

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