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The European currency is down 0.78% to $ 1.0544 and has been trading at $ 1.0526, the lowest since December last year.
A trend that is justified more by the strength of the American currency than by the weakness of the European currency. This Wednesday the dollar is gaining ground against all 16 major currencies worldwide.
The green note strengthened the bullish trend after it was announced that orders for durable goods rose 4.8% in October, surpassing economists' expectations. This fact reinforces the expectations of rising interest rates in the United States.
The worsening of the benchmark rate in December is already taken for granted, with the market now focusing on when the next increase will be made, with the likelihood of the second worsening occurring in June.
The green note strengthened the bullish trend after it was announced that orders for durable goods rose 4.8% in October, surpassing economists' expectations. This fact reinforces the expectations of rising interest rates in the United States.
A trend that is justified more by the strength of the American currency than by the weakness of the European currency. This Wednesday the dollar is gaining ground against all 16 major currencies worldwide.
The green note strengthened the bullish trend after it was announced that orders for durable goods rose 4.8% in October, surpassing economists' expectations. This fact reinforces the expectations of rising interest rates in the United States.
The worsening of the benchmark rate in December is already taken for granted, with the market now focusing on when the next increase will be made, with the likelihood of the second worsening occurring in June.
The green note strengthened the bullish trend after it was announced that orders for durable goods rose 4.8% in October, surpassing economists' expectations. This fact reinforces the expectations of rising interest rates in the United States.
