Euro rises to 11-week high vs dlr
The euro rose to an 11-week high versus the dollar on Tuesday, as solid bank earnings lifted equities and encouraged investors to take on more risk.
The euro EUR= rose to $1.3036 accorsing to Reuters data, its highest level since May 10. Technical analysts highlighted next resistance around $1.3125, the 38.2 percent retracement of the euro's fall from November to June.
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick