The euro fell against the dollar on Tuesday, September 8th, as dealers awaited the European Central Bank\u2019s meeting this week, and London\u2019s renewed warning prompted a failure to reach an agreement on Britain\u2019s withdrawal from the European Union. The pound would continue to decline.<\/p>\n\n\n\n
The euro is hovering around $ 1.18, while the sterling hit its lowest level in two weeks at $ 1.3125. The Chinese yuan also fell after US President Donald Trump warned about a “decoupled” between the US and Chinese economies.<\/p>\n\n\n\n
Today, Britain began a new round of trade talks after secession, warning the European Union that it would strengthen preparations to exit the bloc without an agreement by the end of the year.<\/p>\n\n\n\n
The Australian dollar rose to $ 0.7276 and was little changed on its New Zealand counterpart at $ 0.6685, after hitting lows overnight following a central bank statement on Sunday that again raised the possibility of reaching negative interest rates.<\/p>\n\n\n\n
All eyes this week are on Thursday’s European Central Bank policy decision.<\/p>\n\n\n\n
Many analysts expect that there will be no change but are awaiting the message for inflation expectations and whether the bank will be concerned about the strength of the EUR.<\/p>\n\n\n\n
The meeting comes after the single currency rose to its highest level in two years, just over $ 1.20 at the beginning of the month.<\/p>\n","protected":false},"excerpt":{"rendered":"
The euro fell against the dollar on Tuesday, September 8th, as dealers awaited the European Central Bank\u2019s meeting this week, and London\u2019s renewed warning prompted a failure to reach an agreement on Britain\u2019s withdrawal from the European Union. The pound would continue to decline. The euro is hovering around $ 1.18, while the sterling hit …<\/p>\n","protected":false},"author":9,"featured_media":31718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6928],"class_list":["post-33708","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-euro"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33708"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33708\/revisions"}],"predecessor-version":[{"id":33709,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33708\/revisions\/33709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31718"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}