Currencies: the euro holds the $ 1.10 this afternoon

Tuesday noon on the foreign exchange market, the single European currency was again without much direction against the greenback, cdant 0,14% 1,1012 dollar, and more penalty against the sterling and the yen. Neutrality was up against the Swiss franc.Bond markets – but not stock markets – remained closed yesterday in the United States for the day of Christopher Columbus, fri at the federal level. Financial operators should return in greater numbers from this afternoon across the Atlantic.

The currencies remain insensitive to the latest news of the Sino-American trade negotiations, which give – and finally – signs of progress, in the agricultural field for the moment. In addition, the last meetings at the government level seem more favorable an exit from the UK of the EU with an agreement at the end of the month. If, however, a new deadline is not agreed London.

It should be noted that since the beginning of the month, the yield on the 10-year German Bund has risen by -0.57-0.47%, while that of the US T-Note has remained steady over the almost stable period, 1.66%.

This morning, the Zew index, which measures the morale of the German financial community, emerged in negative territory in October, but less than expected, and almost at the same level as the previous month.

EG

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