Eur/usd - 1.3695 ... The single currency rallied to 1.3739 on dlr's broad-based weakness due to Fed's plans to buy long-term treasury securities. Bids by European names, U.S. inv. banks n sovereign names are noted at 1.3620/30, 1.3600 n further out at 1.3550/60. On the upside, offers are located at 1.3730/35 (for profit-taking purpose) with stops seen abv 1.3750 n 1.3800.
Join the Discussion