Euro rises after US inflation figures published – The Economic Newspaper


The euro has risen against the dollar after the publication of inflation figures in the United States and at a time when uncertainty remains as to the trade talks between the United States and China.

At 18:21 (Lisbon time), the euro was at $ 1.1232, while on Thursday at the same time traded at $ 1,1220.

In the United States, the consumer price index rose 0.3% in April from the previous month and rose 2% year-on-year, the highest value in the last five years, the US Labor Department said today.

The uncertainty surrounding US-China trade talks continues to put pressure on the US currency.

The European Central Bank (ECB) today set the benchmark euro exchange rate at $ 1.1230.



Source link