Euro Still on the Rise

Euro improving due to expectations of the European Central Bank.

Euro rose to a three week high on Thursday due the assumptions that the European Central Bank will soon start to unwind their monetary stimulus program.

EUR/USD got up to as high as 1.1837 which is the highest level it’s been since May 16. The euro has gone up about 1.48% versus the dollar this week. The Euro also ascended to a recent high against the yen on Thursday to 130.161.