Euro rises versus dollar for first session in four

2020-06-29 05:56:47 GMT (Economies.com)
Euro rises versus dollar for first session in four

Euro rose in Asian trade off June 3 lows against the dollar ahead of European and US data today while investors assess the continuing spread of the coronavirus, especially in the US. 

 

As of 05:26 GMT, EUR/USD rose 0.22% to 1.1248, with an intraday high at 1.1249. 

 

From Germany, consumer prices are expected up 0.3% in June, while Spain's prices are expected down 0.9%. 

 

From the US, pending home sales are expected down 15% in May, while markets await testimonies by Fed Chair Jerome Powell and US Treasury Secretary Steven Mnuchin on Wednesday ahead of Parliament. 

 

According to latest World Health Organization data, 10.1 million people worldwide have contracted Covid 90 with the death toll standing at over half a million. 

 

The WHO warned the virus hasn't reached its peak yet with the spread continuing despite slowing down in Europe.. while asserting the world shouldn't come back to the way it was after the pandemic in regard to the environment and climate change and other natural challenges. 

 
 
 
  Symbol Last Change Chg.%
1.1246
-0.0031
0.2718%
1.2486
0.0178
1.4462%
Tadawul
7312.24
58.91
0.81%
18.047
0.268
1.507%
40.285
1.510
3.894%
42.80
-0.34
0.79%
1774.730
3.115
0.176%
 
 
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