September 7, 2009 - 2:18am
During early Monday trading the European single currency climbed to new multi-day highs against the currencies of US, UK and Japan. In addition the euro also strengthened against the franc during this time period.
The euro advanced against the US dollar in Asian deals on Monday. At present, the euro-dollar pair is trading at a 4-day high of 1.4338 with 1.441 seen as the next target level. The pair was worth 1.4312 at last week's close.
Against the British pound, the European currency traded higher during early deals on Monday. At 12:15 am ET, the euro-pound pair reached a 4-day high of 0.8759, compared to Friday's closing value of 0.8730. If the pair gains further, 0.882 is seen as the next target level.
The European unit strengthened in Monday's Asian dealings versus the yen, rising to a 6-day high of 133.59. If the euro climbs further, 137.17 is seen as the next likely target level. At Friday's New York session close, the euro-yen pair was quoted at 133.11.
The euro also showed strength against its Swiss counterpart during this time period. As of now, the pair is trading at 1.5174, with 1.52 seen as the next upside target level. The euro was quoted at 1.5173 against the franc at Friday's New York session close.
The euro advanced against the US dollar in Asian deals on Monday. At present, the euro-dollar pair is trading at a 4-day high of 1.4338 with 1.441 seen as the next target level. The pair was worth 1.4312 at last week's close.
Against the British pound, the European currency traded higher during early deals on Monday. At 12:15 am ET, the euro-pound pair reached a 4-day high of 0.8759, compared to Friday's closing value of 0.8730. If the pair gains further, 0.882 is seen as the next target level.
The European unit strengthened in Monday's Asian dealings versus the yen, rising to a 6-day high of 133.59. If the euro climbs further, 137.17 is seen as the next likely target level. At Friday's New York session close, the euro-yen pair was quoted at 133.11.
The euro also showed strength against its Swiss counterpart during this time period. As of now, the pair is trading at 1.5174, with 1.52 seen as the next upside target level. The euro was quoted at 1.5173 against the franc at Friday's New York session close.