The Dollar rose against the Euro for a second day on bets its 2 percent sell-off since the end of August is too fast to sustain. The Euro jumped during the American session against the Dollar, rising more than 60 pips, to 1.47. From there EUR/USD started pulling back and found support at 1.4670.Overall, EUR/USD traded with a low of 1.4610 and with a high of 1.4716. Today, The Italian unemployment rate is expected at 7.7% vs. 7.3% previously.
EUR/USD - Last: 1.4685