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©Reuters. The euro remains above parity
Frankfurt (Germany), Nov 9 (.).- The euro remained above parity with the dollar on Wednesday pending the final results of the mid-term elections in the US, which were held on Tuesday.
The euro was trading at $1.0021 as of 4:00 p.m. GMT, versus $1.0055 in late European forex trading the previous day.
The European Central Bank (ECB) set the reference exchange rate for the euro at 1.0039 dollars.
The control of the two Houses in the United States is still pending and it is possible that it will continue like this for the next few days, after very tight mid-term elections, in which the Democratic Party has not had results as bad as expected, nor it has swept away the Republican wave that conservatives expected.
The single currency traded on Wednesday in a fluctuation band between $1.0012 and $1.0086.
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