At 6 p.m. Lisbon time, the euro traded at 1.1663 dollars, compared to 1.1692 dollars at the same time on Friday.
In the last session, the euro had been rising.
The euro also gained against the pound but fell against the yen.
The European Central Bank set the euro’s reference exchange rate at 1.1690 dollars.
On Saturday, U.S. President Donald Trump announced plans to impose a 30% tariff on imports from the European Union and Mexico starting August 1.
The President of the European Commission, Ursula von der Leyen, stated that Brussels remains willing to negotiate with the U.S. to reach an agreement before August 1 but warned that it will also “take all necessary measures to safeguard” its interests, “including adopting proportional countermeasures if necessary.”
Currencies……………..Today…………..Friday
Euro/dollar…………….1.1663……………..1.1692
Euro/pound…………….0.86805…………….0.86563
Euro/yen……………….172.24…………….172.30
Dollar/yen……………..147.68…………….147.37
