FOREX TradingCharts.com

Forex News: Euro Rises Amid Risk Appetite

Euro Rises Amid Risk Appetite

06/16/2025 - 06:28:00 (RTTNews)

(RTTNews) - The euro strengthened against other major currencies in the European session on Monday amid increased risk-on mood by the investors, as world leaders gathered in Canada for the G7 summit, which will address global security, economic resilience, and tech cooperation. Discussions to resolve the Middle East crisis will also be a top priority.

The Israel-Iran conflict entered its fourth day, with fresh missile exchanges.

Iranian strikes on Tel Aviv, Haifa, and Petah Tikva killed at least five, injured dozens, and damaged key infrastructure, including a power plant.

Markets also looked ahead to monetary policy decisions from the Federal Reserve, the Bank of Japan and the Bank of England due later in the week.

In the European trading today, the euro rose to nearly a 1-year high of 167.22 against the yen and a 4-day high of 0.9420 against the Swiss franc, from early lows of 166.35 and 0.9385, respectively. If the euro extends its uptrend, it is likely to find resistance around 165.00 against the yen and 0.95 against the franc.

Against the pound and the U.S. dollar, the euro edged up to 0.8530 and 1.1587 from early lows of 0.8511 and 1.1524, respectively. The euro may test resistance around 0.86 against the pound and 1.16 against the greenback.

Looking ahead, Canada housing starts for May, U.S. New York Empire State manufacturing index for June and U.S. NOPA crush report are slated for release in the New York session.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


U.S. Dollar Extends Gain Against Majors (48 min(s), 26 sec(s) ago)
(RTTNews) - The U.S. dollar extended gains against its major counterparts in the New York session ...Full Story»

Safe-haven Dollar Drops Amidst Trade Deal With Japan (12 min(s), 26 sec(s) ago)
(RTTNews) - The Dollar recorded a massive decline during the week ended July 25 amidst the announc ...Full Story»

U.S. Dollar Rises Following US-EU Trade Deal (18 min(s), 26 sec(s) ago)
(RTTNews) - The U.S. dollar strengthened against other major currencies in the European session on ...Full Story»

U.S. Dollar Rises Against Majors (48 min(s), 26 sec(s) ago)
(RTTNews) - The U.S. dollar strengthened against other major currencies in the European session on ...Full Story»

U.S. Dollar Firms On Easing Trade Tensions (48 min(s), 26 sec(s) ago)
(RTTNews) - The U.S. dollar advanced against its major counterparts in the New York session on Fri ...Full Story»

Pound Falls As U.K. Retail Sales Rise Less-than-expected (21 min(s), 26 sec(s) ago)
(RTTNews) - The British pound weakened against most major currencies in the European session on Fr ...Full Story»

Pound Falls Against Majors (06 min(s), 27 sec(s) ago)
(RTTNews) - The British pound weakened against most major currencies in the European session on Fr ...Full Story»

Yen Falls As Tokyo CPI Inflation Slows (54 min(s), 26 sec(s) ago)
(RTTNews) - The safe-haven Japanese yen weakened against other major currencies in the Asian sessi ...Full Story»

Search

FOREX NEWS

U.S. Dollar Extends Gain Against Majors

07/28/2025 - 17:19 PM (RTTNews)
(RTTNews) - The U.S. dollar extended gains against its major counterparts in the New York session ...Full Story>>

Safe-haven Dollar Drops Amidst Trade Deal With Japan

07/28/2025 - 10:44 AM (RTTNews)
(RTTNews) - The Dollar recorded a massive decline during the week ended July 25 amidst the announc ...Full Story>>

U.S. Dollar Rises Following US-EU Trade Deal

07/28/2025 - 04:50 AM (RTTNews)
(RTTNews) - The U.S. dollar strengthened against other major currencies in the European session on ...Full Story>>

U.S. Dollar Rises Against Majors

07/28/2025 - 04:20 AM (RTTNews)
(RTTNews) - The U.S. dollar strengthened against other major currencies in the European session on ...Full Story>>

U.S. Dollar Firms On Easing Trade Tensions

07/25/2025 - 17:20 PM (RTTNews)
(RTTNews) - The U.S. dollar advanced against its major counterparts in the New York session on Fri ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.