20 Jun 2014
EUR/USD best week since April
FXStreet (Córdoba) - The EUR/USD rose during the American session, moving toward 1.3600 after finding support at 1.3560. Despite falling on Friday the Euro is still headed toward a weekly gains versus the US dollar.
Currently the EUR/USD trades at 1.3595, 60 pips above where it was last week. Despite being a modest weekly gain, it is the best result since early April.
Busy Monday ahead for the EUR
On Monday, the preliminary PMI report of economic activity will be release with data from the Eurozone and also from countries like France and Germany. The PMI numbers are followed very closely by investors.
Currently the EUR/USD trades at 1.3595, 60 pips above where it was last week. Despite being a modest weekly gain, it is the best result since early April.
Busy Monday ahead for the EUR
On Monday, the preliminary PMI report of economic activity will be release with data from the Eurozone and also from countries like France and Germany. The PMI numbers are followed very closely by investors.