The Euro
recovered somewhat from its losses in the past week. At the
At noon, the common currency was $ 1.1205, or more
half a cent more than the daily low. The European central bank
(ECB) had the reference rate on Friday afternoon at $ 1.1147
set.
Economic data from the euro zone provided a boost. On the one hand
the corporate mood brightened, measured by
Markit Purchasing Managers Index, up slightly. Second, improved
the economic mood among investors such as Frankfurt
Sentix Institute announced.
The US dollar was unable to sustain the tensions between
the United States and Iran benefit. Last week was the
Dollars as the world’s reserve currency have been in high demand after the US
the influential Iranian general Ghassem Soleimani by one
Had killed the drone attack.
The British pound rose noticeably. Market participants named
solid economic data as a reason. The mood of the British
Purchasing manager brightened according to data from Markit market researchers
At the end of last year. The analysis house Capital Economics
led the improvement to the conservative party’s victory in the
Parliamentary elections back in December. The Tories stand for you
rapid Brexit, with which a reduction in economic
Uncertainty is connected./bgf/jkr/jha/
ISIN EU0009652759
AXC0116 2020-01-06 / 13:24
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