FOREX-Euro gets lift from Draghi, US Senate vote delay dents dollar - News Summed Up

FOREX-Euro gets lift from Draghi, US Senate vote delay dents dollar


The euro was fetching $1.1338, after surging 1.4 percent on Tuesday and scaling a high of around $1.1349, its strongest level since late August 2016. The euro now faces resistance at $1.14, and could get a further boost if that level is breached, Horchani said. Against the yen, the euro rose to 127.47 yen on Tuesday, its strongest level since April 2016. The dollar nursed its losses, having come under pressure overnight after U.S. Senate Majority Leader Mitch McConnell delayed a vote on healthcare legislation, hoping to get more support from Republican senators. Against the yen, the dollar eased 0.1 percent to 112.18 yen .


Source: dna June 28, 2017 01:30 UTC



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