Forex: EUR/USD rises to 1.4235
FXstreet.com (Córdoba) – EUR/USD has risen continuously after the pair fell to 1.4185. Since then the Euro moved with an upside bias and reached levels above 1.4230. The Euro was able to recover of previous losses during the American session. The pair is still moving sideways without a clear trend for the day and is 0.55% above the opening price, rising for the first time in four days.
Against the Pound, the Euro is stronger today. EUR/GBP rallied to the upside after reports show a bigger than expected contraction in the United Kingdom. The pair is holding above 0.8600 and has recovered from Wednesday and Thursday losses.
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