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The price of the euro
also reached a slightly lower level in US trade. Last was
the European common currency was $ 1.1344.
Wednesday, the euro was still above the $ 1.14 mark
note. The European Central Bank (ECB) had the reference rate on
Afternoon at 1:34 pm (Thursday: 1.1424) in US dollars.
The dollar had cost 0.8814 (0.8754) euro.
The euro was already under pressure on Thursday. the
The dollar benefits from the expectation of further interest rate hikes
the US Federal Reserve. Thursday night, the Fed had its
Although interest rates remain unchanged. But she reported more
Increases.
"Obviously, but some market players have clearly
more cautious formulations expected, "commented the currency expert
Esther Reichelt from Commerzbank. Further increase in interest rates
December and beyond would therefore also be after
Nothing in the way of intermediate elections in the US Congress. The next increase
is scheduled for December. Higher base rates tend to support the
national currency / edh / jsl / fba
ISIN EU0009652759
AXC0264 2018-11-09 / 21: 11
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