Exchange rate euro and dollar gave a surprise

Dollar exchange rate is stable against euro

In brief: Single European currency can not find the earth's surface under their feet, dollar is just that and waits and grows, euro exchange rate falls.

The exchange rate euro fell against the general concern of investors about the future single European currency. Europe’s problems have become a real disaster for the euro. The exchange rate dollar to euro grows. Euro at the auctions in Asia on May 11 decreased relative to the U.S. dollar and the yen. Euro against the dollar to $ 1.2728 from $ 1.2787 the evening of May 10 in New York.

Euro dollar yielded 0.5%. Dollar / yen was 92.70 against 93.29 on Monday. The euro / yen reached 118.01 against 119.28. The yen was added 0,6% against the American and 1,1% against the euro. Pound to the dollar to $ 1.4813 from $ 1.4846 earlier in the week. The British currency yielded 0,2% to the dollar. The euro to the pound was 0.8591 against 0.8612. Euro declined by 0,2% against the British currency. May 10 euro grew by 0,3% against the dollar and added 2.1% on the Japanese currency. During the trading day the advantage of the euro against the dollar reached 2,7%. Support for a single European currency had a decision to establish a stabilization fund in Europe.

The EU countries agreed to allocate nearly $ 1 trillion. to address the financial problems of countries with the largest debts. The U.S. currency also was able to recover some losses last week on the yen, adding 1.9% per day. Pound sterling completed auctions on the first day of the week with the advantage of 0,3% on the U.S. currency. The Bank of England on Monday upheld an interest rate of 0,5%, and the volume of the program to repurchase assets of 200 billion pounds.

Ukrainian Globalist
2010-05-11 12:13, Currency news.

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