Euro down vs US dollar
The euro is down against the dollar as traders await new European and US data for indications on the state of the global economy.
By Agencies |
BERLIN: The euro is down against the dollar as traders await new European and US data for indications on the state of the global economy.
The euro bought $1.2637 in morning European trading on Tuesday, down from $1.2671 the night before in New York, as the dollar garnered support as a safe haven currency.
The British pound dropped to $1.5435 from $1.5468 on Monday, while the dollar dropped to 84.19 Japanese yen, another currency seen as a safe haven, from 84.68 yen in New York.
Major reports this week include surveys on manufacturing in the US and other major economies on Wednesday, a decision on interest rates by the European Central Bank on Thursday, a report on US jobs on Friday and the release of minutes later on Tuesday from this month's Federal Reserve meeting.
The euro bought $1.2637 in morning European trading on Tuesday, down from $1.2671 the night before in New York, as the dollar garnered support as a safe haven currency.
The British pound dropped to $1.5435 from $1.5468 on Monday, while the dollar dropped to 84.19 Japanese yen, another currency seen as a safe haven, from 84.68 yen in New York.
Major reports this week include surveys on manufacturing in the US and other major economies on Wednesday, a decision on interest rates by the European Central Bank on Thursday, a report on US jobs on Friday and the release of minutes later on Tuesday from this month's Federal Reserve meeting.
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