The euro rises after the improvement of investment confidence in Germany
The euro rises after the improvement of investment confidence in Germany
The euro rose on Tuesday, and exceeded $ 1.11, after knowing the sharp rise in investment confidence in Germany due to the initial trade agreement between the US and China.
The single currency was changed around 4:00 p.m. GMT to $ 1,1098, compared to $ 1,1082 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 $ 1,1115.
Investment confidence rose in January in Germany to its maximum value since July 2015 and boosted the euro.
The president of France, Emmanuel Macron, and the US president, Donald Trump, have agreed on the continuation of discussions on the appraisal of digital giants to prevent the imposition of new tariffs until the end of the year.
The dollar, which had appreciated the latest negotiations, today lost some positions.
The fluctuation band of the euro against the dollar ranged between 1.1085 and 1.1118 dollars.
