FX & CFD trading involves significant risk
After breaking above recent highs near $1.3420 earlier EUR/USD peaked at $1.3434 and then ran out of steam. Traders point to a Reuter's ECB sources story as a possible euro negative, but stress the pair still holds above $1.3400, with no sign of backing down. The sources story says the ECB is considering an increase in capital at eurozone member state banks.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.