Euro reached the maximum and rewrite it.
Today the Euro has updated the maximum against the Dollar.
Economic losses from Hurricane Harvey influence the market. The dollar is under pressure from economic problems from the devastation caused by the hurricane and flooding.
The EUR/USD hit a low of 1.1960.
The euro rose on Friday after the ECB president Mario Draghi spoke. He did not comment on the recent strengthening of the Euro in Jackson Hole.
In addition, the timing of the curtailment of the economic stimulus program was not commented upon. The assumption of the redemption of bonds by the European Central Bank has raised EUR/USD by for the year.
At the same time, Fed Chairman Janet Yellen did not provide information on the course of US monetary policy.
The index of the US dollar, which shows the purchasing power of the dollar to the trade-weighted basket of six major currencies, at around 92.38.
The pair USD/JPY fell to 109.15, but far from the support of 108.605.
The pair GBP/USD was trading at position 1.2886. Support at the level of 1.2872 and 1.2773, resistance: 1.2924
For this year, the euro rose against the pound by 8%
Created by Joshua Hayn