Euro touches 2-week peak ahead of German IFO survey
July 27, 2015 8:40 am
The euro reached a two-week high versus the US dollar Monday, as traders anticipate Germany’s IFO survey.
Against the US dollar, the common currency closed at $1.1060.
The shared currency has lost approximately 5% versus the greenback since mid-June on Greek debt woes, as well as differing monetary policies in Europe and the United States.
The material has been provided by InstaForex Company – www.instaforex.com
The euro reached a two-week high versus the US dollar Monday, as traders anticipate Germany’s IFO survey.
Against the US dollar, the common currency closed at $1.1060.
The shared currency has lost approximately 5% versus the greenback since mid-June on Greek debt woes, as well as differing monetary policies in Europe and the United States.
The material has been provided by InstaForex Company – www.instaforex.com
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