Euro Rises Against Majors
July 27 2015 - 2:39AM
RTTF2
The euro strengthened against the other major currencies ahead
of European session on Monday.
The euro rose to 1.5123 against the Australian dollar for the
first time since December 2014, from an early low of 1.5062.
Against the pound and the U.S. dollar, the euro advanced to near
2-week highs of 0.7101 and 1.1039 from early lows of 0.7066 and
1.0968, respectively.
The euro climbed rose slightly to 1.0579 against the Swiss
franc, from an early low of 1.0576. This may be compared to an
early 4-month high of 1.0582.
Moving away from early lows of 1.4294 against the Canadian
dollar and 135.74 against the yen, the euro edged up to 1.4359 and
136.25, respectively.
If the euro extends its uptrend, it is likely to find resistance
around 1.53 against the aussie, 0.72 against the pound, 1.12
against the greenback, 1.06 against the franc, 1.45 against the
loonie and 138.00 against the yen.
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