© Reuters. The euro manages to stay in the band of 1.13 dollars
Berlin, Jan 4 (.) .- After closing the first day of the year with losses, the euro struggled this Tuesday to stabilize at the 1.13 dollar range, a threshold that it finally managed to overcome in the last hours of the European negotiation of the currency market.
The European currency was changed at around 4:00 p.m. GMT at 1.1322 dollars, compared to 1.1295 dollars at which it closed this Monday.
The European Central Bank (ECB) set the benchmark change for the euro at $ 1.1279 on Monday.
After the bonanza that the single currency experienced during the Christmas break, trading conditions have normalized with the publication of new economic data that, in line with the trend of recent months, strengthen the dollar.
Thus, this Tuesday, the publication of the US manufacturing PMI indicator for December 2021, according to which the North American country’s economy expanded for the nineteenth consecutive month, mitigated the effects of the good employment data announced by Germany.
The single currency moved in a fluctuation band between the minimum of 1.1272 and the maximum of 1.1323 dollars, reached at the end of the day.
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