The euro is set on Friday for its fifth successive weekly decline versus the dollar, in what would be a first for the currency since 2015, as investors continue to keep a close eye on the political situation in Italy, euro zone’s third-largest
The euro fell to a three-week low on Thursday, after the European Central Bank (ECB) released its latest meeting minutes. At the ECB meeting, policy makers were worried about the strength of the single currency.
The Australian and New Zealand dollars are lower against their US counterpart as solid retail sales data revived the risk of another Federal Reserve interest rate hike this year.
By Sandor Peto and Radu-Sorin Marinas
By Sandor Peto