FOREX-Euro gets boost from Draghi, delayed US Senate vote dents dollar - News Summed Up

FOREX-Euro gets boost from Draghi, delayed US Senate vote dents dollar


The euro edged up 0.1 percent to $1.1345, having hit a high of around $1.1355 earlier on Wednesday, its strongest level since August 2016. The euro now faces resistance at $1.14, and could get a further boost if that level is breached, Horchani said. The euro had touched a high of around 127.47 yen on Tuesday, its strongest level since April 2016. At the same time, the ECB probably won't want to see the euro rise too rapidly, he said. Against the yen, the dollar eased about 0.2 percent to 112.15 yen.


Source: dna June 28, 2017 05:03 UTC



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