The European currency climbed against most major currencies in the early European session on Wednesday.
Against the Yen and the kiwi, the single currency climbed to a 6-day high of 141.57 and nearly 2-week high of 1.6122 , from yesterday's closing quotes of 140.79 and 1.5983, respectively.
The euro rose to 2-day highs of 1.3846 against the U.S dollar and 1.5216 against the loonie around 4:00 pm ET, from yesterday's closing quotes of 1.3814 and 1.5216, respectively.
If the euro extends its uptrend, it is likely to face resistance around the 1.39 against the U.S dollar, 142.86 against the yen, 1.74 against the kiwi and 1.53 against the Canadian dollar.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.