FRANKFURT (AFX) – The euro recovered on Monday after weak data from the US real estate market back from initial losses. Late afternoon, the euro was
1.1201 US dollars traded after it had temporarily fallen down to $ 1.1147. The European Central Bank (ECB) has the reference rate in the early afternoon at 1.1170 (Friday: 1.1151) dollars
fixed. The dollar cost order 0.8953 (0.8968) Euro.
In the US, the number of as yet incomplete home sales in August is surprisingly like. The so-called pending home sales fell by 1.4 per cent the previous month.
Economists had expected the other hand, with an increase of 0.4 percent. Dealer explained the depreciation of the dollar with the great importance of the property market for the US economy.
The big winner in the currency market was the Japanese yen, which rose to all major currencies. The marked price losses on the stock markets have increased risk aversion, traders said.
Investors would therefore pull money out of the dollar and the euro. Derives a profit of Yen. That the head of the regional Federal Reserve (Fed) of New York, William Dudley, a rate hike yet
has signaled this year, barely moving in this environment, the dollar.
For other major currencies, the ECB put the reference rates for one euro to 0.73520 (0.73475) determined British pound, 134.13 (134.92) Japanese yen and 1.0941 (1.0922) Swiss francs. On
Kilograms of gold cost 32 120.00 (32 490.00) euros. The ounce of gold was fixed in London on the afternoon with 1131.05 (1146.650) dollars. /JSL /men
