The euro falls 0.2% ahead of the ECB meeting

The euro falls 0.2% ahead of the ECB meeting
The euro falls 0.2% ahead of the ECB meeting

The euro fell below $1.16 ahead of the European Central Bank’s meeting on Thursday, which investors are awaiting for policymakers’ opinions on inflation expectations.

The euro fell 0.2% to $1.1586. There was little change in the dollar index and recorded 93.94.

The Japanese yen rose slightly to 113.71 per dollar, but remained close to a four-year low.

The Australian dollar fell 0.1% to $0.7512, close to a three-month high, as the yield on Australian bonds increased to the highest level since mid-2019.

As for digital currencies, bitcoin rose 4% to $60,845, after retreating from a record high of $67,016 on October 20.

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