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Euro Spikes Up Against Majors

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The euro edged sharply higher against its major rivals at the beginning of Thursday's European session.

The euro climbed to a fresh 2-week high of 1.2341 against the Swiss franc and 10-day highs of 122.48 against the yen and 0.8688 against the pound around 3:10 am ET.

The common currency also snapped back above the key 1.30 level against the US dollar, rising as much as 1.3020 around 3:10 am ET.

If the euro extends rally, likely resistance levels are seen at 1.3050 against the dollar, 0.8755 against the pound, 1.2350 against the Swiss franc and 124.45/50 against the yen.

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