Euro Rises Against Against Most Majors
November 27 2016 - 7:36PM
RTTF2
The euro strengthened against most major currencies in the Asian
session on Monday.
The euro rose to nearly a 2-week high of 1.0685 against the U.S.
dollar, nearly a 3-week high of 1.0770 against the Swiss franc and
nearly a 2-week high of 1.4394 against the Canadian dollar, from
Friday's closing quotes of 1.0591, 1.0739 and 1.4308,
respectively.
The euro advanced to 0.8541 against the pound, from Friday's
closing value of 0.8482.
Against the Australian and the New Zealand dollars, the euro
climbed to 4-day high of 1.4309 and 1.5095 from last week's closing
quotes of 1.4219 and 1.5022, respectively
If the euro extends its uptrend, it is likely to find resistance
around 1.10 against the greenback, 1.09 against the franc, 1.48
against the loonie, 0.90 against the pound, 1.47 against the aussie
and 1.56 against the kiwi.
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