Open Close High Low Change
Fine.GLD10gm 49810 50070 50070 50070 260 (0.52%)
TJB.GLD.10gm 49555 49815 49815 49815 260 (0.52%)

Gainers & Loosers

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Today Market

26 Apr 2018

EURO Vs United States Dollar (EURUSD)



EUR/USD is likely to find support at 1.2149 levels and currently trading at 1.2161 levels. The pair has made session high at 1.2200 and hit lows at 1.2161 levels. Euro edged lower against the dollar on Wednesday as dollar rose after a rise in benchmark U.S. Treasury yields above 3 percent led investors to consider whether the greenback was breaking out of a prolonged weak spell. The U.S. 10-year Treasury yield has risen to its highest in more than four years, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices. U.S. first-quarter gross domestic product data due on Friday could determine whether the dollar extends its gains further. Growth expectations have been cut significantly since the start of the year: the Atlanta Federal Reserve cut its forecast to 2.0 percent from 4.2 percent in January. But that 2.0 percent is a step up from the 1.9 percent forecast on April 16, suggesting optimism. The dollar's performance against a basket of major currencies rose as high as 91.241 in early New York trade, its strongest level since Jan. 12. The dollar index last stood at 91.229, up 0.5 percent from its last close. The dollar's gains on Wednesday drove the euro down past the two-month low hit on Tuesday because of concerns that firmer U.S. yields would reduce demand for the region's bonds at a time when hedge funds have amassed record long euro bets.