The Euro has on
Thursday afternoon a little more and therefore a temporary
Overcoming slowdown. Most recently, the currency of the 19th
Eurozone countries $ 1.1182 after still in early business
Had been $ 1.1140. The European Central Bank (ECB) had
the Wednesday afternoon reference rate to $ 1.1125
fixed.
The ongoing weakness on the stock markets fueled
Interest rate expectations that the euro will tend to the dollar
support. Economist Ralf Umlauf from Helaba referred in one
Commentary on ongoing market speculation about more
US rate hikes. Only on Tuesday the Fed had the key interest rate around 0.50
Percentage points lowered.
On Thursday, the impetus from economic data should
keep narrow limits. There were none in the morning in the euro area
noteworthy data published. There are a few in the USA
Numbers, but mostly from the second row with less
Market relevance. The order data from the
Be US industry. Since it is data for January, should
conceivable effects due to the Corona crisis are not yet visible
become./mf/jsl/jha/
ISIN EU0009652759
AXC0229 2020-03-05 / 13: 13
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