The euro falls to 1.1125 dollars in panic after Russia’s invasion of Ukraine

©Reuters. The euro falls to 1.1125 dollars in panic after the Russian invasion of Ukraine

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.

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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.