He euro It fell this Tuesday to 1.0805 Dollars after the GDP of the Eurozone grew by 0.3% in the second quarter, which is equal to the growth recorded in the first three months of the year.
The currency only was quoted a 1.0805 Dollars At around 3:00 p.m. GMT on Tuesday, below 1.0817 Dollars the previous day, while the European Central Bank (ECB) set the exchange rate at 1.0824 Dollars.
He euro depreciated for the second consecutive day against the dollar after it was confirmed that the economy of the Eurozone kept the growth in the second quarter of 2024, which reduces the pressure on the ECB to continue lowering interest rates, according to Bankinter analysts.
The GDP of the area euro rose 0.3% quarter-on-quarter and 0.6% year-on-year, according to the first preliminary estimate published by Eurostat.
Inside of EurozoneThe German economy shrank by 0.1% in the second quarter, after growing by 0.2% in the first quarter, barely avoiding a technical recession.
During the session it was also confirmed that inflation of Spain and Germanywith mixed results between the two, since in the first case prices rose by 2.8% year-on-year in July, six-tenths less than in June (3.4%); while in the second they rose by 2.3%, one-tenth more than in the previous month.
Meanwhile in state Joined It was published that the trust of the consumer US dollar rose in July, amid concerns about the inflation and higher borrowing costs.
Specifically, the index of the trust of the consumer The Conference Board’s index stood at 100.3 points in July, compared with 97.8 points in the downwardly revised June figure.
All this while waiting for the data to be known tomorrow. inflation of the Eurozone and the Booking Federal (Fed) of state Joined publish your decision on interest rates
