Day: January 15, 2018

Euro Rallies Higher Despite Lack of Major Economic Data

The euro today rallied higher against the US dollar despite the lack of any major economic releases from the Eurozone, while US markets remained closed. The euro’s rally was largely triggered by the aggressive selling of the US dollar across the board. The EUR/USD currency pair gained over 100 points to rally from a low of 1.2187 to hit a high of 1.2296 in the mid-European session. The euro carried over Friday’s massive rally, which was […]