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Current situation on Forex

Current situation on Forex

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Jim Anderson - Public Relations

During today’s Asian trading, the US dollar against the euro continues to remain near a 3-year high. Investors’ attention is focused on important data for the market from Germany, the publication of which is scheduled for Tuesday.

The index of economic expectations of investors and analysts in Germany for the next 6 months, which is calculated by the ZEW research institute, fell in February to 21.5 points compared to 26.7 points in the previous month, experts interviewed by Trading Economics forecast.

As of 7:30 London time, the euro was worth $ 1.0832, which is the lowest level since April 2017, against $1.0836 at the close of the last session. Since the beginning of February, the single European currency has fallen in price by 2.4%.