El euro cae a mínimos desde hace más de dos años frente al dólar

The euro falls to its lowest for more than two years against the dollar

frankfurt.- The euro It fell this Tuesday to the level of $1.0640. It is the minimum for more than two years, because risk aversion drives the purchase of dollars and their price.

The euro was trading around 3:00 p.m. GMT at $1.0650, down from $1.0710 in late trading. european forex market trading of the previous day.

The European Central Bank (ECB) set the benchmark exchange rate for the euro at $1.0674. Durable goods orders rose in March by USA 0.8% compared to the previous month.

Consumer confidence faltered in the US in April, but Americans are not cutting back on spending.

Read: Sanctions against Russia could affect the monetary system

But the fear that the Chinese economy interrupted its recovery by the new confinements and the restrictive monetary policy of its central bank boost the dollar. They did not help to appreciate the euro the comments of the governor of the Bank of Latvia, Martins Kazaks.

Who was in favor of starting to raise interest rates in the area of ​​the euro in July and three rate increases this year. The single currency was traded in a trading band between 1.0642 and 1.0739.

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