EUR/USD jumps to 1.3500 amid Yellen's dovish statement

By FXstreet.com | November 13, 2013 AAA
FXstreet.com (San Francisco) - The Euro is currently rallying against the US Dollar following the Yellen statement and her suggestion that the US economy must improve further before the Fed starts its tapering.

After jumping around 40 pips in the latest few minutes from 1.3455, the EUR/USD is trading at intra-week highs close to the 1.3500 key level.

Above 1.3500, next resistances are at 1.3530, 1.3545 and 1.3600. On the downside, supports are at 1.3455, 1.3415 and 1.3360
comments powered by Disqus
Related Forex Analysis
  1. USD/JPY retracing from highs. still above 109.00
    Forex News

    USD/JPY retracing from highs. still above 109.00

  2. EUR/USD has yet to react to Scottish vote
    Forex News

    EUR/USD has yet to react to Scottish vote

  3. GBP/USD below 1.6500, but not all is lost for bulls
    Forex News

    GBP/USD below 1.6500, but not all is lost for bulls

  4. Scottish vote: 'No' on course for comfortable victory
    Forex News

    Scottish vote: 'No' on course for comfortable victory

  5. More 'No' wins in Midlothian, East Lothian and Falkirk
    Forex News

    More 'No' wins in Midlothian, East Lothian and Falkirk

Trading Center