Up $0.60 or 0.84%
The high for the week was on Wednesday at $72.96. The low for the week was yesterday at $69.76.
Technically, in trading yesterday the price fell below its 100 hour moving average with momentum as stocks were triggered. The next two hours so the price move from around $71.60 to the low for the

Forex news from the European trading session – 18 June 2021
Headlines:
Markets:
– JPY leads, AUD and NZD lag on the day
– European equities lower; S&P 500 futures down 0.2%

US futures down to the lows for the day
European indices are also marked lower with the DAX down 0.9% while UK’s FTSE is down 1.1% as equities are struggling to stay afloat on the day.

ECB says that exceptional circumstances justify the need to extend the leverage ratio relief for banks in the region
This was already rumored earlier in the week , so it isn’t too much of a surprise decision by the ECB. The full release can be found .

The dollar is keeping steadier but off the highs from earlier today
Most major currencies are going back to keeping little changed after some earlier moves which saw the likes of the and drop against the greenback.

This allows for leisure trips to the continent
The EU also adds HK, Lebanon, Albania, Macau, Macedonia, Serbia, and Taiwan to the ‚white list‘, from which non-essential travel is allowed to the bloc.

The post-FOMC reverberations continue to linger as the dollar strengthens
The greenback is pulling ahead across the board as the post-FOMC reaction looks to be gathering further momentum now in European trading.

The dollar is keeping firmer on the session
Though not trading at the highs earlier, the greenback is still keeping a solid advance across the board – notably against the euro, franc and loonie.

A look at what is on the board for today
A couple of ones to take note of for the day, as highlighted in .
bold
For EUR/USD, the expiries are likely to keep a lid on any upside with the dollar keeping firmer. Likewise for USD/JPY as it should find some support closer to 110.25-50 though keep

Latest data released by Eurostat – 17 June 2021
– Prior +2.7%; revised to +4.1%
– Construction output +42.3% y/y
– Prior +18.3%; revised to +20.0%
There is still some slack evident in construction activity in the region, with civil engineering work falling 6.1% and building construction down 1.0% in April relative to March. That said, this is capturing