Euro goes back up and stabilizes at $1.12

Euro goes back up and stabilizes at $1.12

The euro went up again and stabilised at $1.12, a level that exceeded the previous session on the same day that the US President dismissed the use of nuclear weapons against Iran.

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16/10/2026
by

Lusa

O the euro went up again today and stabilised at $1.12, a barrier that it crossed in the previous session, the same day that the President of the United States dismissed the use of nuclear weapons against Iran.

 

At 18:08 (Lisbon time), the euro followed $1,1219, when on Thursday, at the same time, it negotiated at $1,1207.

The euro has also risen compared to the yen, but has fallen back against the pound.

The European Central Bank (ECB) today set the euro reference exchange at $1,1253.

At today's session, the euro ranged between $1,1208 and $1,1269.

The President of the United States, Donald Trump, assured that he would not use nuclear weapons against Iran, but did not exclude resorting to the so-called ‘Mother of All Bombs’.

“I will not use nuclear weapons. We do not need to do so,” Trump assured the conservative station Newsmax on Thursday.

The US President also pushed away the possibility of sending ground troops to Iran, at a time when Washington considered a possible intensification of military operations in the Middle East.

The statements arose after CNN station reported that the White House considered using the GBU-43/B bomb, known as MOAB and the Mother of All Bombs, the largest conventional explosive device in the U.S. arsenal after the mid-American elections on November 3.

“The Mother of All Bombs is not nuclear. It is an extremely large bomb, it is like a small nuclear bomb ", Trump said.

The Head of State did not deny the information disclosed by CNN or clarify whether it has already authorized the use of such armament.

Divisives..................today........Thursday

Euro/dollar...............1,1219.........1,1207

Euro/libre...............0.84284.......0.84508

Euro/yene...177,48.................... 177,23

Dollar/yene............................158,19.........................158,14

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