Euro US Dollar (EUR/USD) Exchange Rate Steady As Eurozone Markets Remain Cautious
EUR/USD Exchange Rate Rangebound as France Eases Stance on Goods Moving Across the English Channel
The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently fluctuating around $1.219.
The Euro (EUR) stabilised today as Eurozone markets remain relatively quiet ahead of Christmas and the New Year.
Today saw the release of the latest German Import Price Index, which beat forecasts and rose by 0.5%.
Nevertheless, this was not enough to buoy the single currency, with Germany – the Eurozone’s largest economy – due to remain in lockdown as Covid-19 cases spread throughout Europe.
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