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Börse Express – Foreign Exchange: Euro rate rises towards $ 1.11

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The exchange rate of the euro has on Monday
recently gained something. The European common currency cost
$ 1,1097. The European Central Bank (ECB) had the
Reference rate set at $ 1.1085 (Friday: 1.1108). The
The dollar had thus cost 0.9021 (0.9003) euros.

For news on American-French
The trade exchange rate increased slightly. France
Head of state Emmanuel Macron strives for a deal with the United States
Digital taxation and wants an impending conflict
avoid. He has one with his US colleague Donald Trump
Macron reported “excellent discussion” on the subject
Twitter.

Nevertheless, the market had an impulsive start to the week
the speech. Data on price developments in Germany could
Trade does not give impetus. Producer prices were in December
fell by 0.2 percent year-on-year and thus somewhat weaker
than expected. No impetus came from the USA. The financial markets
remained closed due to a holiday

 ISIN  EU0009652759

AXC0282 2020-01-20 / 21:39

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