Currency Exchange Rates
The U.S. Dollar fell amid limited trading on Thursday as many investors held their positions.
- The
U.S. and EU stock markets, as well as some Asian markets, were closed
on Friday, which contributed to the decline in trading volumes.
- The
weakening job market in the U.S. provides a reason for the Federal
Reserve to stop aggressively raising interest rates to deflate the
economy.
- Risk-sensitive currencies like the New Zealand and Australian dollars were down ahead of the long weekend.
| UK(GBP) | £0.81 | 0.13% |
| Europe (EURO) | €0.91 | -0.70% |
| Canada (Canadian Dollar) | $1.36 | 0.45% |
| Japan (Yen) | ¥132.15 | 0.33% |
*Exchange
rates as of 7 am ET. Data from Morningstar Financial Research. To
understand why we track these currencies and the differences between
them, click here.
