Euro-Dollar rallies beyond 1.093 for the first time in 9 months

Published: January 26 2023, 02:05 GMT+0

Euro-Dollar rallies beyond 1.093 for the first time in 9 months

While yesterday ended at 1.0919, today, EUR/USD rallied above 1.093 for the first time in 9 months and gained 5 pips — now trading at 1.0925.

While the Euro is up today, these currencies are lagging behind: USD/JPY closed at 129.19 (down 0.25%). After ending yesterday's session at 141.36, EUR/JPY lost 27 pips and is trading around 141.08. GBP/JPY slumps 0.19% to trade around 160.29.

Having set a significant low of 0.9596 3 months ago, Euro-Dollar is trading 13.79% higher.

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