| Previous Close | 0.9787 |
| Open | 0.9786 |
| Bid | 0.9862 |
| Day's Range | 0.9709 - 0.9871 |
| 52 Week Range | 0.9540 - 1.1693 |
| Ask | 0.9857 |
What to watch in markets on Friday, Oct. 21, 2022.
The currency bloc of 19 countries, which ran a current account surplus for years before Russia's war in Ukraine, recorded an adjusted deficit of 26.32 billion euros in August after a 19.96 billion deficit a month earlier. In the 12 months to August, the euro zone's current account deficit equalled 0.1% of gross domestic product (GDP), down from a surplus of 2.8% in the preceding year.
The U.S. dollar handed back some of its gains in early European trading Wednesday, while the euro rose on the back of soaring German producer prices. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.1% to 112.823, retreated after an overnight surge of nearly 1% as the U.S. Treasury yields soared. The U.S. Federal Reserve is widely expected to continue its aggressive interest rate hikes at its next meeting in early November, as it attempts to curb red-hot inflation.