Economic news

Review: Euro falls on German election results

The euro dipped on Monday after German Chancellor Angela Merkel won a fourth term with a smaller share of the vote and probably would face difficulties in forming a new coalition.

The single currency slipped 0.2 percent to $1.1933, pulling back from a 2-1/2-year peak of $1.2092 touched on Sept. 8.

The dollar index was up 0.1 percent at 92.257. The greenback rose 0.2 percent to 112.260 yen.

The pound increased 0.3 percent to $1.3544 after falling 0.6 percent on Friday.


To leave a comment you must or Join us

  • avatar-6228
    George Jk
    • #

    Politics will weigh on currencies this week. In addition, investors should focus on the tension between the US and North Korea.


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree