The euro went on strengthening against the greenback yesterday. In Europe the rate EUR/USD opened at 1.1453 and closed at 1.1472 in the afternoon. However, the dollar held its position in American trading. It began at 1.1465 and fell to 1.1417 in the morning. But it started to firm and closed at 1.1464. This morning the rate EUR/USD opened at 1.1476 and should move between 1.1420 and 1.1520.
CSOB, Investment Research