The euro against the dollar continued to weaken over the end of the week, as it has come to fall below the $ 1.06 barrier for the first time since last March 18, when the Reserve met US Federal.
In particular, European currency moves around 1.06, compared with $ 1.0658 marking the opening.
The euro had experienced a substantial depreciation against the ‘greenback’ in the first months of the year at the prospect of ECB intervention through a public procurement plan assets and private.
In fact, since early this year and before the meeting of the US central bank, the euro accumulated depreciation of 13.5% against the dollar, coming fall up to $ 1.04.
However, the junction between the euro and the dollar would be shaken by the commitment of Janet Yellen, president of the Fed, to maintain an expansionary monetary policy even if interest rates go up this year, what would be the first move in this direction in the policy rate of the dollar since 2006.
The statements Yellen returned to the euro part of the fortress Lost in the weeks and boost its exchange rate against the dollar until $ 1.1031.
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