Forex: Euro bounces higher as EU leaders meet

June 17, 2011 | Filed Under »
Forex pairs in this Article » EUR/GBP, EUR/JPY, EUR/USD
FXstreet.com (Barcelona) - The Euro is bouncing up strongly against its Major rivals, reaching day highs against Dollar and Pound as EU leaders meet to find a resolution to aid debt troubled Greece.

EUR/USD rebound from 1.4130 session low has extended above 1.4200 to reach day highs at 1.4240, while EUR/GBP rebound from 0.8770 low in Asia has reached levels above 0.8800 hitting day highs at 0.8820, and the EUR/JPY has bounced up from 113.75 day low, regaining previous losses and reaching 114.60 day high.
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