Euro ascends to 2-1/2-year peak

Euro ascends to 2-1/2-year peak

On Monday, the common currency extended revenues to a 2-1/2-year maximum versus the greenback right after the ECB Governor held back from talking down the single currency and as financial markets were concerned over the impact of Tropical Storm Harvey on the American economy.

The common currency was a bit higher at $1.1924 having soared to $1.1966, which is its highest value since January 2015.

The common currency had already ascended approximately 1% on Friday after ECB Governor Mario Draghi delivered a speech at the Jackson Hole conference on subjects, including global trade, though he didn’t touch upon the common currency’s recent value.

The common currency had gained an initial boost versus the evergreen buck right after Fed Chair Janet Yellen didn’t make any references to American monetary policy.

The Swiss franc stuck to a one-month peak of 0.9539 franc per greenback hit earlier in the trading session.

 

 

Similar

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera