The euro rises to its maximum during the week.

(Last paragraph correction) Frankfurt (Germany), Thursday (17 March), the euro rose above $1.11, a week-long dollar highs as investors became more willing to take risks. The euro changed to 1.1005 GMT at $1,1109 compared to $1600 in the last hour of European trading on the foreign exchange market the day before. The European Central Bank (ECB) has set the benchmark fluctuation of the euro at $1.1051. “According to the report, Ukraine and Russia have made significant progress in a temporary peace plan, including a ceasefire and the withdrawal of Russian troops,” said an analyst at Monex Europe. The plan calls for Kiev to declare neutrality, accept restrictions on the armed forces, abandon its ambitions to enter NATO and not have foreign military bases and weapons in exchange for protecting allies such as the United States, Britain and Turkey It's done. In addition, Federal Reserve (Fed) chairman Jerome Powell has cooled expectations for rising inflation. The Fed raised interest rates by 25 basis points yesterday and may raise another 6 times this year. ECB President Christine Lagarde warned that due to the impact of the Ukrainian war on energy and food prices, inflation in Eurozone countries could exceed 7% by 2022. The single currency changed in a floating band between 1.1016 and 1.1111. maximum Aya/pie