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Börse Express – Forex: Euro surrenders profits again

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The euro rate has on Tuesday in
late US currency trading eased slightly. At last it cost
Community currency $ 1.1093. In late European
Currency transactions, the euro was still above $ 1.11. The
The European Central Bank (ECB) had previously been on the reference rate
$ 1.1115 (Monday: 1.1085). The dollar had
thus cost 0.9000 (0.9021) euros.

The euro was only temporarily of economic
Signs of hope from Germany supported. That’s how they are
Economic expectations of the Center for Europeans
Economic research (ZEW) reached its highest level in January
Climbed July 2015. The increase was the third noticeable increase
in a row and was significantly stronger than expected.

Banking economists, however, were cautious. “Economic
There are signs of recovery, “commented Thomas Gitzel,
Chief Economist of VP Bank the data. “The economic trees are
however, don’t grow to heaven. “He pointed to a number of
Risks: So negotiation of a free trade agreement is likely
between the EU and the UK “anything but easy”
become. In addition, the German automotive industry and the
Mechanical engineering in a structural change./bek/he

 ISIN  EU0009652759

AXC0302 2020-01-21 / 20: 54

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