Day: December 24, 2018

Euro Rallies on Risk-On Sentiment and Weak Dollar on Christmas Eve

The euro today rallied higher against the US dollar in a move driven by improved market risk sentiment on the last trading day before Christmas. The euro rallied higher in Contrast to Friday’s massive decline against the US dollar, which was weighed down by negative fundamental drivers today. The EUR/USD currency pair today rallied from a low of 1.1368 to a high of 1.1411, but was stuck around the crucial 1.1400 level at the time of writing. […]