The Euro rebounded from its record low

The Euro rebounded from its record low

By: Oliver Miller | Where To Trade | On:Monday, 05 December 2016
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On Monday, Euro managed to rebound from its 20-month lows. After going down to 1.0507 against the American dollar, managing to set a new record low in the last 20 months, Euro managed to find its balance and closed at 1.0703 against the dollar later on.

The U.S. dollar index was down by 0.13%, at 100.62 in front of a bigger and stronger euro.

The American dollar managed to rise against the Japanese Yen, and the USD/JPY pair rose 0.63% up to 114.23.

Even though it was a pretty high score, it wasn't close to its last week's record of 114.38, the best in nine and a half month. 

 

Oliver Miller

Oliver Miller

"Patience is the key for success"

Oliver Miller is one of the best financial analyst with 18 years of online trading experience

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