Dollar dips, euro hovers under 18-month high as EU negotiates rescue fund – ZAWYA

Dollar dips, euro hovers under 18-month high as EU negotiates rescue fund – ZAWYA

dollar dips, euro hovers under 18-month high as eu negotiates rescue fund euro rises against dollar, near four-month highs    a money changer counts u.s. dollar banknotes at a currency exchange office in diyarbakir, turkey may 23, 2018. new york - the euro rose against the dollar to just under four-month highs on friday, following the kick-off of a european union summit that market participants hope will advance a recovery fund that would help lift the eu out of recession.no outcome is expected at the summit until friday evening at the earliest, but an agreement or a collapse in the talks would have a major impact on the currency when trading resumes.the euro eur= was up 0.38% against the dollar, at $1.143, near wednesday's top of $1.145, its highest since the coronavirus financial crash in march.no outcome is expected at the summit until friday evening at the earliest, but an agreement or a collapse in the talks would have a major impact on the currency when trading resumes.new york - the euro rose against the dollar to just under four-month highs on friday, following the kick-off of a european union summit that market participants hope will advance a recovery fund