Euro up from two-week low, dollar drops ahead of euro zone price data

Business Standard LogoBusiness Standard1 mo ago

Euro up from two-week low, dollar drops ahead of euro zone price data

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The dollar, which had been buoyed by safe-haven flows against the euro, last fell 0.305% to 104.

The yen is down 15% against the dollar for the first six months of 2022, the worst first-half of year performance for the currency since 2013.

The gap between a hawkish Federal Reserve and a dovish Bank of Japan continues to weigh heavily on the Japanese currency, which was last trading at 135.59 yen per dollar .

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Article Details

Author / Journalist: Reuters

Category: EconomyFinance

Topics: Business Standard Euro Data Last Fell Content Expected Zone Dollar Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 07:27:00

News Timezone: GMT +5:00

News Source URL:

Language: English

Reading Time: 6 minutes read

Article Length: 963 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 24080

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Year Established: 1975

Headquarters: India

News Last Updated: 3h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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