Investing.com – The euro rose against the U.S. dollar on Thursday as traders awaited a speech by U.S. President Barack Obama in New York, where his spokesman said he would criticize "risky decisions" made on Wall Street.
EUR/USD hit 1.34 shortly before the European trading session, gaining 0.08%. The pair was likely to find support at 1.3267, the low of March 25, and resistance at 1.3692, the high of April 12.
Robert Gibbs, the White House press secretary, said earlier: "Financial reform is something that is born out of an economic collapse that started on Wall Street and spread to Main Street America."
He added that Obama wants new rules "so that we don’t find ourselves at the mercy of a series of risky decisions as we have in the past."
The euro slipped versus the yen, meanwhile, with EUR/JPY shedding 0.18% to hit 124.53.
Also Thursday, the United States was set to release key data on unemployment and the housing market.
EUR/USD hit 1.34 shortly before the European trading session, gaining 0.08%. The pair was likely to find support at 1.3267, the low of March 25, and resistance at 1.3692, the high of April 12.
Robert Gibbs, the White House press secretary, said earlier: "Financial reform is something that is born out of an economic collapse that started on Wall Street and spread to Main Street America."
He added that Obama wants new rules "so that we don’t find ourselves at the mercy of a series of risky decisions as we have in the past."
The euro slipped versus the yen, meanwhile, with EUR/JPY shedding 0.18% to hit 124.53.
Also Thursday, the United States was set to release key data on unemployment and the housing market.