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The euro falls after the US GDP in 2002 By EFE

by souhaib
January 26, 2023
in Forex
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The euro falls after the US GDP in 2002 By EFE
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The euro falls after the US GDP in 2002
© Reuters. The euro falls after the US GDP in 2002

Frankfurt (Germany), Jan 26 (.).- The euro depreciated this Thursday below the level of 1.09 dollars, after the publication of growth figures for the United States (USA) in 2022, which they were better than expected and boosted the “greenback”.

The euro was trading around 4:00 p.m. GMT at $1.0875, compared with $1.0896 in the final hours of European currency market trading the previous day.

The European Central Bank (ECB) set the reference exchange rate for the euro at $1.0895.

The US economy grew 2.1% in 2022 and 2.9% in the fourth quarter.

Figures for weekly jobless claims, durable goods order intake and US housing market data also beat expectations.

The single currency was exchanged in a fluctuation band between 1.0869 and 1.0929 dollars.

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