Euro at world auction fell to the lowest level from the beginning of the year
The euro at world auction fell to the lowest level from the beginning of the year, Bloomberg reports. The euro at the auction on Monday fell below $ 1.21. At 11:45, 1,2045 dollars were given for the euro, which is the lowest level from December 4. Traiders provoke the fall of the euro, believing that the European Central Bank will change its policy. The market believes that the ECB will soon reduce the discount rate and, thereby, the high profitability of the euro relative to the dollar.