Euro Off Highs Against Majors

The euro wiped out its early gains against its major rivals in European trading on Wednesday.

The euro pared gains to 1.0915 against the greenback, 0.7369 against the pound and 131.45 against the yen, from its early highs of 1.0944, 0.7385 and 131.80, respectively.

The euro slipped to a 2-day low of 1.0815 against the franc, from a high of 1.0851 hit at 12:15 am ET.

The next possible support for the euro is seen around 1.08 against the greenback, 0.72 against the pound, 130.00 against the yen and 1.06 against the franc.

The material has been provided by InstaForex Company –