| Previous Close | 1.152 |
| Open | 1.152 |
| Bid | 1.164 |
| Day's Range | 1.148 - 1.166 |
| 52 Week Range | 1.0348 - 1.1655 |
| Ask | 1.163 |
- Reuters - UK Focus•20 minutes ago
GLOBAL MARKETS-Euro soars after Draghi comments, world shares up again
The euro strengthened to its highest level in nearly two years against the U.S. dollar on Thursday after Europe's central bank chief said officials would discuss possible changes to its bond-buying scheme this autumn, while a gauge of stocks globally gained for a 10th straight session. "The marketplace is looking for a good potential for (ECB quantitative easing) reduction to start in September or at least to be announced in September," said Richard Scalone, co-head of foreign exchange at TJM Brokerage in Chicago. In equities, the pan-European FTSEurofirst 300 index lost 0.31 percent, while Wall Street's main stock indexes ended little changed but were around record high levels.
- FX Empire•2 hours ago
EUR/USD Daily Technical Analysis for July 21, 2017
The EUR/USD broke out to fresh 23-month highs following the ECB commentary following their interest rate decision. While many interpreted Draghi’s comments as dovish, he announced that the ECB would look at reducing QE volume in the fall. They did not say they would make a change. Initially, Bunds jumped in price but then reversed … Continue reading EUR/USD Daily Technical Analysis for July 21, 2017
- Reuters - UK Focus•4 hours ago
Euro nears 2-yr high as ECB flags autumn tightening talk
The euro jetted to an almost two-year high on Thursday after European Central Bank chief Mario Draghi said officials would discuss possible changes to its bond-buying scheme this autumn. Though Draghi ...
