euro dropped its lowest level since March after the European Central Bank said it
wouldn’t taper policy anytime soon.
The currency is down by 0.4% at 1.0890 against the dollar as of 7:43 a.m. ET.
As for the rest of the world, here’s the scoreboard as of 2:29 p.m. ET:
- The US dollar indexis up by 0.2% at 98.52 on a quiet day for data. Baker Hughes, however, will release its weekly rig count at 1 p.m. ET.
- The British pound is down by 0.4% at 1.2210 against the dollar. “It is becoming clear that Sterling has been enveloped by political uncertainty with hard Brexit jitters ensuring prices remain depressed,” said Lukman Otunuga of FXTM.
- The Russian ruble is up by 0.2% at 62.3500 per dollar, while Brent crude oil is up by 0.8% at $51.77 per barrel.
- The Japanese yen is up by 0.2% at 103.70.
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