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Find all the economic and financial information on our Orishas Direct application to download on Play StoreInvestors changed tack after the US Department of Labor published weaker-than-expected weekly jobless claims and the lowest since the outbreak began. In this atmosphere, the dollar is stabilizing against the euro and the Turkish lira is falling.
The dollar stabilized against the euro on Thursday, after a positive US employment indicator halted the greenback's decline, while the Turkish lira continued to slide. Around 6:30 p.m. GMT, the euro lost 0.03% to 1.1590 dollars for one euro. Earlier in the morning, the European currency had on the contrary taken 0.20% to 1.1617 dollars for one euro, moving away from its lowest for almost fifteen months, reached Tuesday at 1.1524 dollars. Since early September, the euro has weakened 1.6% against the dollar as high inflation continues in the United States and the US central bank (Fed) prepares to gradually reduce its monetary support, probably as of next month, which favors the greenback. For its part, the Turkish lira reached a new historic low, at 9.19 pounds for the dollar, down 1.12%.
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