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Euro rises and returns to the 1.16 dollar levelPhoto by Lukasz Radziejewski on Pexels
Business
США

Euro rises and returns to the 1.16 dollar level

RTP Notícias31 August 2026 at 18:30

The euro rose today against the dollar, returning to the 1.16 dollar level. The European currency thus managed to recover ground after a period of instability in the foreign exchange markets.

This appreciation occurs at a time when an interest rate hike is expected in the United States. Investors are anticipating the decisions of the American Federal Reserve regarding monetary policy.

At the same time, tensions in the Middle East are increasing, which contributes to uncertainty in international financial markets. This geopolitical factor has been influencing the behavior of investors globally.

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