Dollar against the euro

Dollar against the euro during Friday trading, after having published macroeconomic data showed that euro zone economy has stabilized. Support high currencies, which include the euro, were rising stock markets, which reduced the demand for green cash as a currency of refuge.

Euro to get 1.4215 dollars, after the German IFO index, taking the business climate in the country increased to its highest value since October 2008. The index rose to 87.3 points for July, while analysts forecasted an increase to 86.7 points versus 85.9 points in June.
Component of current conditions rose to 84.3 points this month to 82.4 in the past. However the component of economic expectations, which reflects the opinion of the German manager after 6 months, reached 90.4 points, which is a record value from June 2008 onwards.
Another report showed that the manufacturing sector and the service sector in the euro area continue to be narrowed, but at slower pace than projected.

Finance