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US dollar gets cheaper

24.11.2020,12:44

November 24, Fineko/abc.az. On Monday, the US dollar fell in price at the world exchanges.

ABC.AZ reports that the probability of starting the mass production of a coronavirus vaccine is indicated as the reason.

This has an impact not only on the US dollar.

So, despite the fact that this issue causes a rise in the price of the pound and the euro, currently there are corrective declines. European Central Bank President Christine Lagarde is expected to speak at 18:00 on Baku time today.

According to the analysis, if the EUR/USD exchange rate breaks the $1.1834 level, the next targets that can be broken may be the $1.1800 and $1.1745 levels.