The dollar continues to grow in the new year, which was helped by the publication of the ISM index for the industrial sector, which with 49.3 points was better than expected.
The euro fell to $1.0234 in the first days of the new year, the lowest since November 2022.
Oil prices recovered significantly on a weekly basis, and Brent rose by almost four percent and reached the highest level in two months, reports SEEbiz.
Something at the expense of the cold weather in Europe, and the newly announced Chinese stimulus measures also helped. The central bank there announces a new reduction in the key interest rate (currently 1.5 percent), and the government takes further measures to stimulate the economy.
