Currency Alerts

Euro Strengthens Against Most Majors; German ZEW Survey Due

The euro spiked up against most major currencies in early European deals on Tuesday.

The euro hit near a 4-month high of 1.3393 against the greenback, recovering from a low of 1.3325 hit at 2:30 am ET.

The euro climbed to 4-day high of 127.53 against the yen, reversing from last week's 2-month low of 124.96.

The single currency firmed to a 5-day high of 0.8540 against the pound. The euro may eye next upside target level around 0.86.

German June economic sentiment survey results from the Center for European Economic Research is expected at 5:00 am ET.

by RTTNews Staff Writer

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