The Euro is currently benefiting from a weakening us Dollar. Most recently weak economy have impacted on data from the United State's response to the American currency. As was announced on Thursday that the American economy had suffered in the second quarter, the worst decline since the beginning of the quarterly collection in the year 1947. In addition, the situation on the labour market of the country due to the Corona-crisis tense, and the number of initial claims for unemployment benefits rose more.
In addition, the escalation of the Corona-crisis in America, Amit a very high number of new infections attributed to the Dollar. Add to that a President Donald Trump expressed: the debate about a possible postponement of the date for the presidential election. According to observers, this resulted in additional uncertainty on the foreign exchange market.Euro Dollar-EUR/USD -- -- (--) Deutsche Bank Forex vwdBNP Paribas 1T 1W 3M 1J 3J 5J For detail view Updated Date: 31 July 2020, 02:19