Euro Slightly Up Against Most Majors
Monday, 16 January 2012 | 12:31
The European currency strengthened slightly against most major currencies in early European deals on Monday.
The euro is now trading at 1.2670 against the greenback and 0.8283 against the pound, up from an early low of 1.2628 and a 5-day low of 0.8257, respectively. On the upside, the euro may target 1.27 against the greenback and 0.83 against the pound.
Against the yen, the euro is now worth 97.34, compared to an Asian session's 11-year low of 97.04. If the euro rises further, it may target 98.00 level.
Source: RTT News
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