Euro Rises Against Majors
25 August 2016 - 12:14PM
RTTF2
The euro strengthened against the other major currencies in the
pre-European session on Thursday.
The euro rose to a 2-day high of 1.0899 against the Swiss franc,
from an early low of 1.0887.
Against the pound, the U.S. dollar and the yen, the euro edged
up to 0.8527, 1.1276 and 113.33 from early lows of 0.8499, 1.1259
and 113.10, respectively.
If the euro extends its uptrend, it is likely to find resistance
around 1.04 against the franc, 0.87 against the pound, 1.45 against
the greenback and 119.00 against the yen.
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