DJIA27933.85
LIVE-101.56(-0.36%)
NDX8338.74
LIVE10.26(0.12%)

Euro Nears 21-Month Low After Dovish ECB And Ahead of U.S. Jobs Data


Friday, 8 March 2019 08:11 WIB

EuroEUR/USD


c_740_198_16777215_00_images_assets_CURRENCY_27_euro_g_x.jpg

The euro struggled near a 21-month low against the dollar on Friday, hurt by a series of dovish signals from the European Central Bank, with the currency market bracing for further volatility ahead of U.S. jobs data later in the day.

The single currency stood little changed at $1.1197 having tumbled 1 percent on Thursday to touch $1.1176, its lowest since June 2017. It has declined 1.5 percent so far this week.

The euro took a big hit on Thursday after the ECB pushed back the timing of its first post-crisis interest rate hike to 2020, cut its economic forecasts and launched a new round of cheap bank loans.

Source : Reuters


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.