Skip to main content

EUR/USD lifts above 1.07 as USD index slips below 105.00

The USD index (USDX) has now dropped to below the 105 handle and that has been the driver for the EUR/USD to rise quite smartly above 1.07 for the first time since September 14. The move higher has seemingly sparked a few system-based buyers to jump on board as the price rises above 1.0700. The move has so far extended to as high as 1.0710. It is just now trading at 1.0706

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!