Yesterday the Euro slightly strengthened against the dollar from 1.0673 in
the morning to 1.0693 in the late afternoon. At about 3 p.m. the rate even
touched the level of 1.0700.
Today the rate EUR/USD opened at 1.0699 and
should move between 1.065 and 1.080. The common currency appreciated also
against the yen yesterday. The rate EUR/JPY opened at 127.87 and closed at
128.25.
Zdenek Safka, Investment Research, CSOB