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Börse Express – Foreign exchange: Euro hardly changed before ECB interest rate meeting

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The exchange rate of the euro has on
Thursday before the European Central Bank’s interest rate decision
(ECB) continues in the narrow trading range of the past few days
held. In the morning, the common currency was at 1.1084
The US dollar traded a little lower than the previous evening. The ECB
last had the reference rate on Wednesday afternoon at 1.1088
Dollar priced.

Before the results of the ECB interest rate meeting is not on the market
major exchange rate movements in the euro. Analysts think so
from that the central bank will announce in the early afternoon that
it continues its monetary policy unchanged. But with tension
the start of a debate by the Governing Council on monetary policy
Central bank strategy expected. In a longer process it should
to decide on the future goals of monetary policy.

The Japanese counted again this week
Yen to winners in the foreign exchange market. In the morning showed up again
increased concern on the Asian financial markets before
Consequences of a new lung disease. China’s government has the
Metropolis Wuhan, in which the virus originally broke out
was practically cordoned off. The Japanese yen is considered safer
Port and is currently being strengthened by investors
nachgefragt./jkr/jha/

 ISIN  EU0009652759

AXC0063 2020-01-23 / 07: 33

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