Previous Close | 166.9200 |
Open | 166.9200 |
Bid | 166.9640 |
Day's Range | 166.3120 - 168.0120 |
52 Week Range | 147.7906 - 175.4130 |
Ask | 166.9690 |
The euro remains close to two-month lows against the US dollar after German data this week showed negative sentiment.
Investing.com-- Most Asian currencies moved little on Monday, while the dollar steadied as traders hunkered down before a string of central bank meetings this week, most notably the Federal Reserve and Bank of Japan.
The British Pound (GBP) concluded last week on a downbeat note due to a significant contraction in the U.K.'s service sector, which accounts for over 70% of the country's GDP, according to recent surveys. The downturn has heightened recession fears and led to speculations that the Bank of England (BoE) may have ended its cycle of interest rate increases.