Buz Investors EURUSD decreased 0.0024 This morning at 10:40 GMT, the EUR is trading at 1.0556 against the USD, 0.08% lower from the New York close. In economic news, Germany’s seasonally adjusted industrial production rose more than expected in January. This morning, the pair traded at a high of 1.0574 and a low of 1.0546. The Euro traded marginally lower against the US Dollar in the New York session yesterday, with the pair closing the session at 1.0564. The pair is expected to its find support at 1.0539 and its first resistance at 1.0581.
The EURUSD decreased 0.0024 or 0.23% to 1.0544 on Wednesday March 8 from 1.0568 in the previous trading session. Historically, the Euro Dollar Exchange Rate – EUR/USD reached an all time high of 1.87 in July of 1973 and a record low of 0.70 in February of 1985. The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies.
Click here for reuse options!