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EUR Daily Review January 5, 2018

EUR Daily Review for January 5, 2018

EUR/USD Maintains Above 1.2000 as USD Weakness Continues into 2018

The U.S. Dollar set a fresh 14-year high on January 3rd of last year. Since then, we’ve seen a far different tone in the Greenback,

 

Euronet Worldwide Inc. (EEFT) Rose To A 2-Week High Merger Fell Through

Euronet Worldwide Inc. (EEFT) issued a statement Wednesday morning, after the merger between MoneyGram (MGI) and Ant Financial Services Group was terminated. “While we continue to view a transaction with MoneyGram as logical, there is no guarantee any offer will be made or any transaction will ultimately occur,” Euronet stated.

 

European Shares Extend Gains After Upbeat Data

European stocks rose on Thursday to extend gains from the previous session, with rising oil prices, relative strength in the dollar and encouraging economic data from the U.

 

EUR/USD and GBP/USD Forecast January 5, 2018

The EUR/USD pair has rallied on Thursday, as we await the jobs number. I believe that people are jockeying ahead of the experience to play the breakout that …

 

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