{"id":120272,"date":"2018-01-24T06:45:18","date_gmt":"2018-01-24T11:45:18","guid":{"rendered":"http:\/\/countingpips.com\/?p=120272"},"modified":"2018-06-01T15:43:50","modified_gmt":"2018-06-01T15:43:50","slug":"eurusd-euro-has-hit-a-new-one-year-high","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/eurusd-euro-has-hit-a-new-one-year-high\/","title":{"rendered":"EURUSD: euro has hit a new one-year high"},"content":{"rendered":"
January 24, 2018<\/div>
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By Gabriel Ojimadu, Alpari<\/strong><\/p>\n

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Previous:<\/strong><\/p>\n

On Tuesday the 23rd<\/sup>\u00a0of January, trading on the euro\/dollar pair closed up. The end of the US government shutdown wasn\u2019t enough to take the dollar back into positive territory. The greenback came under pressure during the US session after a drop in US bond yields.<\/p>\n

Experts believe that the dollar\u2019s decline is down to President Trump\u2019s decision to introduce a 30% import duty on Chinese products. Additionally, the euro was bolstered by the high value of the ZEW index in Germany.<\/p>\n

The euro rose to 1.2306 on the back of these events, but buyers were unable to push any higher. They went on the attack once again this morning in Asia to push the rate up to 1.2335.<\/p>\n

Day\u2019s news (GMT+3):<\/strong><\/p>\n