Euro gained new hope

Euro rate gains against USD

In brief: Euro is on the rise, demands are high.

Currency market remains stable. Last week confirmed it for sure. The euro gained to intraday highs against the dollar and yen early Tuesday on a bounce in crude-oil prices and global stocks following a day earlier sell-off.

After a sharp renewal of risk aversion Monday, financial markets are experiencing a bit of a rebound. The euro rose as high as $1.4018. It also gained to an intraday high of 134.40. At the same time, the dollar fell to session lows of C$1.1476 and 1.5022 Swiss francs. The Australian dollar hit a session high of $0.7921.

Ukranian Globalist
2009-06-23 14:18, Currency news.

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