That's why the euro gives way to American trade | 9:07:18



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The euro fell slightly on Monday in US trade.

After the euro rose to just under $ 1.18 after solid economic data from the euro area, it dropped about an hour before closing on Wall Street at $ 1,1747. The European Central Bank (ECB) set the reference rate at 1.1789 (Friday: 1.1724) dollars. The dollar cost 0.8483 (0.8530) euros.

The franc is slightly weakened in the evening. The euro rose from 1,166 francs to 1,1652 and the US dollar to 0.9917 from 0.9906 in the late afternoon

Strong falls were observed in the pound sterling, where fears of a breakup between Londoners The government has charged the currency. At times, the pound had fallen to a daily minimum of $ 13,193 and was traded for the last time at $ 13,251. The trigger was the fear of a collapse of the British government after state secretary Boris Johnson announced his resignation.

Already at the beginning of the meeting, the resignation of Brexit Minister David Davis had created uncertainty. Late Friday night, the British government had agreed on a new plan for future relations with the EU after Brexit, saying goodbye to their tough exit policy.

NEW YORK (awp international)

Source: qvist / Shutterstock.com, Yingko / Shutterstock.com, Keystone, Patryk Kosmider / Shutterstock.com

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