The Euro has on Thursday
little moved. In the morning the common currency was at
$ 1.0867 traded, slightly higher than the previous night.
The European Central Bank (ECB) last had the reference rate on
Wednesday afternoon set at $ 1.0871 (Tuesday: 1.0885).
A generally friendly mood at the international
Financial markets supported the euro. According to the New
York Stock Exchange also put the Asian stock markets in the morning
mostly too. Traditionally safe investment ports on the foreign exchange market such as
however, the Japanese yen was under pressure.
Further negotiations by the EU finance ministers are ongoing
over a multi-billion dollar rescue package for employees and companies
and indebted countries to fight the consequences of the corona crisis
at the center of interest. The ministers already had the night
negotiated from Tuesday to Wednesday, but then had to
Postpone without a solution.
The Norwegian krone was one of the winners on the foreign exchange market
to all major currencies. The investors hope for
a cut in production of important oil countries, which leads to a recovery of the
Could lead to oil prices. During the day, the oil cartel wants Opec
together with his cooperation partners (“Opec +”) in one
Negotiate video conference about a reduction in production.
The oil price plays a role in the development of the Norwegian economy
an important role./jkr/ssc/stk
ISIN EU0009652759
AXC0057 2020-04-09 / 07: 21
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