OctaFX | OctaFX Forex Broker
Open trading account

Forex: EUR/USD touches 1.3000

FXstreet.com (Córdoba) - The euro weakened further versus the dollar and fell to test the 1.3000 psychological level, weighed by strong risk aversion and Weidmann dovish comments. Against this backdrop, the euro lost nearly 200 pips throughout the day as it was rejected from the 1.3200 area during the European session.

The tailspin however, recently found an interim bottom at the major support level of 1.3000 where EUR/USD printed a 9-day low before bouncing. At time of writing, EUR/USD is quoting around 1.3030, recording a 1.1% loss on the day.

Forex: US Dollar Index in session highs

The greenback, measured by the US Dollar Index, is posting fresh highs in the area of 82.70/75 on Wednesday, as jitters on growth spooked investors. Later on, Buba’s Weidmann was fanning the flames...
Read more Previous

Forex: EUR/USD hovering over 1.3030/35 on Beige Book

The single currency posted no reaction after the Fed published its Beige Book, orbiting around 1.3030/35. According to the release, the US economy expanded at a moderate pace, employment conditions stayed...
Read more Next
Start livechat