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TY: Euro price rises well above 1.13 US dollars
 
FRANKFURT (AFX) – The euro rose after surprisingly strong economic data from France on Friday. In the afternoon, the euro was higher than in the morning at 1.1343 US dollars, about half a cent. The European Central Bank (ECB) has had the reference rate against
Lunch at 1.1362 (Monday: 1.1254) fixed US dollar. The dollar cost order 0.8801 (0.8886) Euro.

The price gains in Euro put an after France had announced in the morning a surprisingly strong rise in industrial production. In August, the industry was the second largest
Euro-zone economy grew by 1.6 percent month on month and thus faster than more than two years no longer.



In addition, the views have loaded on further extremely low interest rates in the US dollar, while the euro rose in return, it was on the market. Among investors are increasingly constitutes
By conviction that the US Federal Reserve will postpone the turnaround in interest rates to the coming year. On the eve of the Fed with the publication of the minutes of the latest interest rate decision
given no clear indication of the timing of a rate hike first.

For other major currencies, the ECB put the reference rates for one euro at 0.7407 (0.7366) British pound, 136.65 (134.92) Japanese
Yen and 1.0919 (1.0935) Swiss Franc firmly. One kilogram of gold cost 32 110.00 (31 970.00) euros. The ounce of gold was in London in the afternoon with 1151.55
(1140.00) dollars fixed. /JKR /tos /he
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