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The euro falls after good data from the US economy

The euro falls after good data from the US economy


The euro fell on Tuesday and lost the level of $ 1.10, following the publication of data from the US economy, which were better than expected.

The single currency was changed at 4:00 p.m. GMT to $ 1,1000, compared to $ 1,1012 in the last hours of the European trading of the foreign exchange market of the previous day.

The European Central Bank (ECB) today set the reference exchange rate of the euro at $ 1,1005.

Durable goods orders rose 2.4% in the US in December, although a fall was expected.

However, without defense, orders for durable goods fell 2.5% in the US in December and without transport fell 0.1%.

The fear of the coronavirus maintains aversion among investors and drives the search for assets considered safe.

The fluctuation band of the euro against the dollar today ranged between 1.0998 and 1.1025 dollars.

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