Dollar and Euro Pound Loss on the Rise

dollar upwards
dollar upwards

The euro and sterling depreciated as investors demand a rising dollar as a safe haven. The second wave concerns in the US and the FED's dull picture of the economy on Wednesday and the announcement that interest rates will remain at the current level until at least 2022 increase the demand for the dollar.

As of 22.30, the euro fell 0.5 percent against the dollar and fell to 1.2386. The dollar index, on the other hand, is at the level of 0.59 with an increase of 97.301 percent.

The British Pound also fell 0.61 percent against the dollar and fell to 1.2503. The pound fell to $ 24.5 during the day, due to the British economy shrinking 1.2650 percent in April and a record drop in industrial production. - Hibya

Günceleme: 13/06/2020 09:25

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