Posted in:
The euro stabilized on Wednesday 04/06 after falling to its lowest level in a month against the rising dollar, with increasing pressures on the European currency due to the expectation of imposing new Western sanctions on Russia and the upcoming French presidential elections.
The euro rose 0.06 percent to 1.09130 against the dollar by 1145 GMT, after touching its lowest level in nearly a month at $ 1.08735.
The dollar index, which measures the performance of the US currency against a basket of six major currencies, fell to 99,500, after touching the highest level since May 2020 at 99.759.
The pound sterling against the dollar settled at 1.30770 dollars, after hitting a three-week low against the dollar.
As for digital currencies, Bitcoin fell 1.3 percent to $44,899.