empty

2025.03.0508:34:00UTC+00Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.

The euro rose to nearly a 4-month high of 1.0696 against the U.S. dollar and nearly a 3-week high of 0.8329 against the pound, from early lows of 1.0602 and 0.8299, respectively.

Against the yen and the Swiss franc, the euro advanced to near 3-week highs of 159.04 and 0.9496 from early lows of 158.74 and 0.9446, respectively.

Against Australia, the New Zealand and the Canadian dollars, the euro climbed to a 7-month high of 1.7039, a 5-year high of 1.8850 and more than a 4-year high of 1.5393 from early lows of 1.6941, 1.8750 and 1.5287, respectively.

If the euro extends its uptrend, it is likely to find resistance around 1.08 against the greenback, 0.84 against the pound, 162.00 against the yen, 0.95 against the franc, 1.71 against the aussie, 1.89 against the kiwi and 1.55 against the loonie.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST


Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.