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Euro Steady Ahead of ECB, Sterling Slides


Monday, 9 September 2019 15:22 WIB

Indeks Dolar Euro


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The euro was holding steady on Monday as investors looked ahead to a European Central Bank meeting later this week at which new stimulus is expected, while the British pound was pressured lower by Brexit uncertainty.

The euro was little changed at 1.1029 03:41 AM ET (07:41 GMT) after falling 0.1% on Friday.

The ECB is all but certain to approve new stimulus measures on Thursday to boost an ailing economy, but the exact composition of the stimulus package is still unclear.

Sterling traded at 1.2254, down 0.2% for the day.

The U.S. dollar index against a basket of six major currencies was little changed at 98.40.

The dollar traded at 106.97 yen, little changed from Friday.

Source: Investing


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