Friday , July 23 2021

1.13 mark dollars seen: why the euro continues | message



In the morning, the community currency costs $ 1.1310, a little less than Friday night. The European Central Bank (ECB) has set a reference level on Friday afternoon still at $ 1.1346.

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The euro has been weighed for several days by a stronger US dollar. The advantage of the American currency is expected to increase interest rates in the US. The US Federal Reserve signaled the move last week.

The British pound was under increasing pressure earlier in the week. Again, the news for Brexit is causing stress. The British newspaper "Sunday Times" reported that more members of the government were considering resigning. They are not satisfied with the Brexit course from Prime Minister Theresa May.

/ BGF / jha /

FRANKFURT (dpa-AFX)

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