Frankfurt (Germany), Feb 24 (.).- The euro has fallen two cents on the dollar this Thursday, to 1.1120 dollars, the lowest since the end of January, accelerating the decline after the opening of Wall Street, due to the panic after Russia’s invasion of Ukraine and flight from risk.
The euro was trading at $1.1120 around 4pm GMT, versus $1.1308 in late European forex trading the previous day.
The European Central Bank (ECB) set the reference exchange rate for the euro at 1.1163 dollars.
Investors have taken refuge in assets considered safe such as the dollar, US Treasury debt, the Swiss franc, the Japanese yen and the .
The ten-year US Treasury bond yield rose to 1.9%.
The single currency was traded in a trading band between 1.1120 and 1.1309.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
