The euro strengthened slightly against the dollar in European trading on Tuesday, the rate EUR/USD began at 1.1453 and closed at 1.1485. In American trading the euro opened at 1.1469 and strengthened to 1.1522 in the morning. However, the euro lost its gains in the afternoon and closed at 1.1436. The rate EUR/USD opened at 1.1458 this morning and should remain in a range of 1.1400 and 1.1500.
CSOB, Investment Research