The ECB Reduced The &Nbsp; &Nbsp; The US Dollar Traded Against The Euro For Two Weeks On Monday.

Monday morning, Beijing time, on Monday.

The euro fell to 0.45% against the dollar on Monday at $1.3117.

The euro exchange rate stood at $1.3150 earlier on Monday and fell to $1.3094 after the European Central Bank's report, the lowest level since December.

At the close of the foreign exchange market, the US dollar index for tracking six major currencies was 80.61 points, or 0.29%.

On the other hand, the Swiss Franc rose to its all-time high on Monday.

Investors generally expressed disappointment that European policymakers failed to take more effective measures to deal with the euro zone sovereign debt crisis.

Brian Dolan, chief currency strategist at Forex.com, said: "the market deadlock caused by the current crisis has not yet been alleviated, and the market's confidence in the euro currency has continued to be suppressed."

The euro fell to 1.2632 Swiss francs on Monday against Swiss francs and ended up at 1.3117 Swiss francs, or 0.45%.

The US dollar against the yen fell to 83.79 yen on Monday, or 0.13%.

The exchange rate movements of the US dollar and Japanese yen are generally more vulnerable to the yield of US Treasury bonds.

US Treasury yields fell on Monday, making Treasury and US dollar assets less attractive to investors holding Japanese currencies.

The pound fell against the US dollar to $1.5505 on Monday, or only 0.05%.

News of Monday's pressure on the euro also revealed that the European Commission released data showing that the consumer confidence index of the 16 countries in the euro area fell unexpectedly in early December, the first decline in the past 6 months.

EU leaders just held a summit last week and agreed to set up a permanent aid fund in 2013.

However, the summit did not identify any short-term measures, such as further expanding the size of the aid fund to help the market restore confidence in the eurozone market.

The euro exchange rate continued to weaken under the pressure of investor disappointment.

On the other hand, analysts pointed out that rating agency Moodie Investor Services announced last week that Ireland's sovereign rating would be reduced by five, and threatened to continue to downgrade sovereign credit ratings in Spain and Greece.

This series of actions by the rating agencies has also severely damaged the market's confidence in the euro.

Lloyd bank TSB analyst Andrea Schmidt and Kenneth Brooks wrote in Monday's report that "as the downgrade decision is coming, there is virtually no substantive plan to support the current European financial stability fund, and there is no mention of any optional crisis control mechanism to maintain market confidence in the euro."

Meanwhile, analysts pointed out that in a Bloomberg article on credit default swap on Monday, it also referred to the prospect of France's current AAA credit rating.

Lloyd bank analyst said in a research report on Monday, "although there will be a lot of new news coming up in the coming weeks, the market is quite confident in selling euros.

This means that the euro exchange rate is likely to continue to break through the $1.30 level.

At the same time, South Korea announced the end of Yanping Island military exercises.

The DPRK has warned that if South Korea insists on acting, it will respond with force.

At the end of the exercise, the DPRK side issued a statement condemning the ROK, but at the same time indicated that South Korea's provocation was "not worth fighting back."

The tense atmosphere on the Korean Peninsula has further strengthened the position of the US dollar's risk aversion assets.

Andrew Wilkinson, a senior market analyst for interactive dealers, wrote in his report on Monday that "South Korea's military exercises did not trigger armed confrontation in North Korea, but investors also clearly felt the impact of the peninsula's geopolitical risks on the market."