[ad_1]
On Monday, the euro was unable to fully sustain the gains of the European currency business in recent US currency trades.
More recently, the common currency, the euro, was trading at $ 1.1935. At the high of the day, it had cost $ 1.1966.
The dollar also weakened against the Swiss franc throughout the day, although the US currency also recovered somewhat overnight. After the USD / CHF exchange rate briefly fell below the 0.90 mark in the early afternoon and thus to a new multi-year low (0.89988), it is now trading at 0.9031. The EUR / CHF exchange rate (1.0781) has barely changed in the meantime.
monitor
Would you like to trade currencies? Our guide gives you tips for trading forex.
»Currency trading
The euro and Swiss franc continue to be supported by changes in the monetary policy targets of the US Federal Reserve. Innovations announced last Thursday could lead to higher inflation in the US in the longer term, the analyst expects. Commerzbank Ulrich Leuchtmann. This should tend to weigh on the dollar.
Also, the change in strategy is associated with greater uncertainty, which could also lead to a weaker US currency. The dollar fell against most currencies on Monday.
bek / he / rw
FRANKFURT (international awp)
