The EUR/USD pair reached a fresh 2020 high of 1.2309 as speculative interest kept selling the greenback heading into the year-end. Euro/dollar hovers around 1.2300 while higher highs are still in sight, Valeria Bednarik, Chief Analyst at FXStreet, reports. Key quotes “News that the US Senate has delayed a decision on increasing coronavirus-relief checks added pressure on the dollar. Republican Senator Mitch McConnell blocked a move by colleague Bernie Sanders to allow a vote on increasing stimulus checks from $600 to $2,000, although Treasury Secretary Steve Mnuchin announced that direct payments of $600 would be out as soon as this week.” “Further gains are now expected on an extension above 1.2310, with the EUR/USD pair targeting 1.2413, April 2018 monthly high.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Initial Jobless Claims Preview: Temporary surge without affecting unemployment trends FX Street 1 year The EUR/USD pair reached a fresh 2020 high of 1.2309 as speculative interest kept selling the greenback heading into the year-end. Euro/dollar hovers around 1.2300 while higher highs are still in sight, Valeria Bednarik, Chief Analyst at FXStreet, reports. Key quotes “News that the US Senate has delayed a decision on increasing coronavirus-relief checks added pressure on the dollar. Republican Senator Mitch McConnell blocked a move by colleague Bernie Sanders to allow a vote on increasing stimulus checks from $600 to $2,000, although Treasury Secretary Steve Mnuchin announced that direct payments of $600 would be out as soon as this… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
