Euro falls and returns to the level of 1.11 dollars
The euro slightly decreased against the dollar, returning to the 1.11 dollar level due to fluctuations in oil prices. As of 18:02 Lisbon time, the euro was valued at 1.1195 dollars, down from 1.1205 dollars on Monday. It also fell against the pound but gained against the yen. The European Central Bank set the euro reference exchange rate at 1.1179 dollars. Oil prices rose following U.S. attacks on Iran but later dropped after reports of potential agreements between the two nations. Concerns about France's debt are also limiting the euro's appreciation, while investors are watching the upcoming U.S. midterm elections closely.
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