The euro reduced 0.4%, to $ 1,1538, touching its minimum since June 23. The single currency lost 1.29% on the eve, its most important daily decrease since mid -May.
He dollar touches maximum of one month in front of the euro This Tuesday, after a series of commercial agreements between the US and its main partners, at a time when markets They expect the decision on interest rates of the Federal Reserve.
The US president, Donald Trump, He closed on Sunday his largest commercial agreement to date, which imposes a 15% tariff to the importation of most products of the European Union and includes US $ 600,000 million Block investments in the United States. This pact adds to the signed with Japan last week, by value of U $ S550,000 millionalso with a tax of 15%.
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Investors are also attentive to ongoing commercial conversations between the US and China. The maximum economic responsible for both countries are gathering in Stockholm to try to solve their old economic disputes, which are in the center of their commercial war.
The euro comes to suffer its most important decline since mid -May
The euro reduced 0.44%, to $ 1,1538, touching its minimum since June 23. The single currency lost 1.29% on the eve, its most important daily descent since mid -May. The euro is about to register its first monthly loss against the dollar this year.
“After falling strongly in the first half of the year, the dollar began with a rebound and I think it is above all a coverage of short positions, and the question is whether it is a change of trend or a backward technical correction”Said Marc Chandler, from Bannockburn Global Forex in New York.
The dollar index, which compares the green ticket with a basket of six outstanding currencies, earned 0.37%, 98.98 units, reaching its highest level since June 23. The index records its first month of profits this year.
The markets will now be attentive to the meetings of the Fed and the Bank of Japan, which is expected to leave the fees on Wednesday and Thursday, respectively.
The US currency dropped 0.03% against its Japanese par, to 148.48 yen. In front of the Swiss Franco, the dollar was appreciated 0.47%, at 0.807 units.
Source: Ambito
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