Euro rises strongly in NY ahead of ECB meeting

Market Review – 07/01/2013 22:52 All times in GMT Euro rises strongly in NY ahead of ECB meeting The single currency rallied in New York session on Monday as investors adjusted their positions ahead of the European Central Bank meeting on Thursday. The single currency met renewed selling below last Friday’s New York high at 1.3090 in Australlia, price ratcheted lower in Asian session and reached an intra-day low of 1.3017 in European morning due to cross selling of euro versus yen and sterling.

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Euro rises strongly in NY ahead of ECB meeting