Euro loses value against the dollar awaiting Fed decisions

At 17:55 (Lisbon time), the euro was still at $ 1.1832, while on Tuesday at the same time it was trading at $ 1.1852.

The European Central Bank (ECB) today set the euro’s reference exchange rate at $ 1.1869.

Despite the depreciation of the euro in the past few hours, the dollar shows a general downward trend against several currencies.

In the United States, it was announced that retail sales rose 0.6% in August, compared to the previous month, less than expected, with the numbers indicating that private consumption in the country is not recovering rapidly.

The market is also aware of the Fed’s monetary policy decisions, which will release new macroeconomic projections for growth, inflation and employment.

Currencies …………… today …………… Tuesday

Euro / dollar ………… 1.1832 ……………… 1.1852

Euro / pound ………… 0.91162 …………… .0.91948

Euro / yen ………… .124.16 ……………… 124.98

Dollar / yen ………… 104.94 ……………… 105.46

EO // MSF

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