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The euro opens up the Christmas week

The euro opens up the Christmas week


The euro closed the first day of the Christmas week on the rise compared to last Friday, although it remains below the $ 1.11 mark.

The single currency was changed at 4:00 p.m. GMT to $ 1,1088, compared to $ 1,1078 in the last hours of the European currency market negotiation last Friday.

The fluctuation band of the European currency against the US currency oscillated during the day between a minimum of 1.1070 and a maximum of 1.1095 dollars

On the other hand, the European Central Bank (ECB) on Monday set the reference exchange rate of the euro at $ 1.1075.

After the bullish mood caused by the election result in the United Kingdom lost momentum at the end of last week, it is expected that the single currency will enter the Christmas holidays without its price experiencing large fluctuations.

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