The euro rises due to optimism regarding the signing of the agreement between the US and China
The euro rises due to optimism regarding the signing of the agreement between the US and China
The euro rose today and changed above $ 1.11 due to optimism regarding the signing of the initial trade agreement between the US and China on Wednesday.
The single currency was changed at 4:00 p.m. GMT to $ 1,1133, compared to $ 1,1114 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 $ 1,1126.
The dollar remains somewhat weakened after job creation figures in the US disappointed on Friday.
Today, no economic data were published in Europe or the US that could guide investors.
At the moment, the concern about the conflict in the Middle East remains contained and investors are more willing to take risks, after hostilities were reduced last week, although these positions will be undone if tensions arise again.
The fluctuation band of the euro against the dollar today ranged between $ 1,1113 and $ 1,1138.
