Pound and Euro rise as Dollar weakens on Iran diplomacy hopes
ING ING Groep NV ADR
$33.20 +4.34%
View chart & analysis → - 1The pound rose 0.39% against the dollar to reach 1.3440 dollars.
- 2The euro rose 0.65% against the dollar to reach 1.1233 dollars.
- 3The dollar weakened as oil prices fell 2-3% following reports that US President Donald Trump wants to pursue diplomacy with Iran.
So what's the key point?
The value of the dollar fell following news of attempts to engage in diplomacy with Iran. This caused the value of the pound and the euro to rise.
Source Investing.com · View original ↗
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