The European Central Bank (ECB) last set the reference rate a little lower on Friday afternoon at $ 1.2158
The euro was able to hold the gains of the previous week of trading. According to market observers, the common currency was supported by a generally friendly mood at the beginning of the week. After the Asian stock markets gained in the morning, slight gains are also expected on the European stock exchanges.
The index value for January should provide further information on how much the tightened corona restrictions have burdened the German economy at the beginning of the year.
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