The Limited Times

Now you can see non-English news...

The euro drops to a 7-week low

2020-01-24T13:43:14.936Z

LONDON-SANA, The euro fell to its lowest level in seven weeks today, with concerns that policymakers are in the



London-Sana

The euro fell to a seven-week low today, with fears that policymakers at the European Central Bank will maintain a loose monetary policy in the near future.

Reuters reported that the euro is heading towards the worst start of the year in five years, as it fell 1.5 percent this month and is trading at its lowest levels since the second of December at $ 1,031.1.

A survey showed that corporate activity in the eurozone remained weak at the beginning of the year, a day after European Central Bank policy makers kept their policies unchanged and upheld their pledge to continue buying bonds and reduce interest rates if necessary so that inflation in the eurozone head again to the goal they set for it .

The dollar index rose 0.2 percent to 97.87 and is heading towards achieving gains for the third week in a row.

The Australian dollar was trading at $ 6,046,46 to erase the gains it made after a strong job report the previous day and is heading towards incurring losses for the fourth consecutive week.

Source: sena

You may like

Business 2020-01-24T13:43:14.936Z
Life/Entertain 2020-02-28T00:33:08.062Z
Life/Entertain 2020-02-10T00:28:12.339Z
Business 2020-02-03T21:43:14.964Z

Trends 24h

Business 2020-02-28T07:48:08.260Z
Business 2020-02-27T18:15:19.457Z

Latest

business 2020/02/28    

© Communities 2019 - Privacy