RAIFFEISENBANK AUSTRIA D.D.: Quiet on the domestic foreign exchange market, EUR / USD below $ 1.16 for the euro

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Aug 10, 2018
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Raiffeisenbank Austria d.d. issued the following announcement on Aug. 3.

Yesterday’s day on the domestic foreign exchange market marked a stable EUR / HRK exchange rate. The trading was open at around HRK 7,407 for the euro and due to the smaller trading volume it remained at the same levels until the end of the day.

Slow but surely the EUR / USD market rate continued to slide to a lower level following the FOMC meeting on Wednesday. So the same fell to the lowest level in the last two weeks, below $ 1.16 for the euro. Dollar support also came from good results from the US labor market.

According to Bloomberg data, the US market is closed with the following values: EUR / USD 1.1585, EUR / GBP 0.8901, EUR / CHF 1.153, EUR / JPY 129.36.

Original source can be found here.

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