The Euro Rose By &Nbsp In Two And A Half Years, And The US Dollar Index Fell 1.63% On Thursday.

Thursday morning, Beijing time, on Thursday, leaders of EU countries

At the close of New York's foreign exchange market, the US dollar index, which tracks six major currencies, dropped 74.96 at 74.96.

The euro rose 2.02% to $1.4187 against the dollar.

The euro rose to $1.4210 earlier in the day against the dollar, the first time it broke 1.42 US dollars since the beginning of September, when more than 2.23% was the biggest gain since March 2009.

In March 2009, the Fed announced its first round of treasury bond procurement, known as quantitative easing, in anticipation of market expectations.

The summit of EU leaders concluded negotiations at the end of Thursday morning, and announced a series of programmes, including seeking

Cathy Lane, director of GFT monetary research, said: "global investors welcome the Europeans' willingness to recognize reality and take the necessary measures to prevent Europe from falling into a deeper recession", Kathy Lien said.

Apart from some technical details that need to be confirmed in the euro zone finance ministers' meeting in November, the outcome of this summit is not too far ahead of market expectations, but risk appetite for the market is always a good boost.

The dollar exchange rate usually falls when investors get high interest in risky assets, including the euro.

Earlier, the Asia Pacific and European stock markets also rose sharply with the strengthening of market risk appetite. Australian dollar rose 2.99% against the US dollar at 1.0708 US dollars.

Analysts also pointed out that the plan is not enough.

The main data are only in line with market expectations, but there are no more details of the plan. Whether the reduction ratio can be reached finally is uncertain, and the other elements in the plan are also lacking in weight.

Standard bank fixed income and currency strategist Stephen Bano (Steve Barrow) pointed out that "the EU's agreement will only improve the market's risk appetite in the short term, but the majority of the plan needs to be further implemented.

However, before the summit, European policymakers came up with some figures that the market generally wanted to see, so they are still willing to give them more opportunities. This sentiment may help the euro stabilize over $1.40.

At the same time, the report pointed out that the response of the European Central Bank to this plan remains to be seen.

Currency analyst at vistparker believes that after the start of many erroneous zones, euro zone officials at least exceeded the lowest expectations of the market, which is very effective for the euro, Australian dollar and New Zealand dollar in recent days.

But there are still many questions to be worked out. Now the pressure has shifted to the side of the European Central Bank. Does it need to respond to interest rates?

The euro has risen 6.1% against the dollar this year after the ECB continues to raise interest rates and the Federal Reserve maintains asset purchases.

US official data on Thursday showed that the US domestic economic growth rate was 2.5% in the third quarter, a marked improvement over the previous two quarters.

The analysis points out that this result will have some impact on the position of the fed in the next round of interest rate decision meetings next week.

In other currencies, the US dollar against Japanese yen fell 0.25% on Thursday to 75.97 yen, continuing to refresh its low rate of exchange rate; Sterling rose 0.77% against the dollar and reported 1.6098 dollars.