The price of the euro continued to give in on Thursday.
The joint currency cost $ 1.1461 in the morning. The previous day, the euro had sometimes clearly noted the $ 1.15 mark. The European Central Bank had set the reference course at $ 1.1508 (Tuesday: 1.1568). The dollar had cost 0.8689 (0.8644) euros.
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The uncertainty in the Middle East War between Israel and Iran remains high because US President Donald Trump has not yet committed itself. He left a possible intervention by the United States to the war until the very end.
Meanwhile, the interest rate decision of the US Federal Reserve the evening before provided hardly any surprises. The monetary authorities feel the key interest rate despite the repeated demands of President Trump after a Interest rate not on.
The FED continued to signal two interest reductions in 2025. “The FED continues to tend to interest, but the time for this should move behind,” interpreted economist James Knightley from the Bank Ing the central bank’s statements.
/jha/e.g.
Frankfurt (dpa-Afx)