Research & Analysis

The dollar rose against the euro at the start of the week supported by the publication of US retail sales up +5.3%, before falling again at the end of the week.

In 2020, Mutandis achievements are in line with our initial forecasts. In a challenging context, the Group is demonstrating the resilienceof its business model, benefiting from the diversification of its business portfolio.

In FY 2020, Label Vie is maintaining its positive growth dynamic in an unprecedented context marked by the Covid-19 health crisis.

The dollar is falling…, the euro more resilient. The EUR/USD parity downtrend, observed since the start of 2021, was interrupted this week. In fact, the euro exceeded $ 1.21 against $ 1.20 a week earlier.

The euro shows signs of slowdown. The EUR/USD parity reached 1.20 this week against 1.21 a week earlier.  The euro even fell below $ 1.20 on february 4th, for the 1st time since december 1st, 2020.

COVID-19 crisis : a growth opportunity for the EUROBONDS market. Like previous crises, the Covid-19 pandemic has not been completely disadvantageous to the global economy.

A dynamic week under the sign of volatility The EUR/USD parity remains characterized by a strong volatility, torn between economic indicators reassuring Europeans and a difficult health situation generating fears of additional lockdowns in Europe.

If we had to sum up the year 2020 in one word. we would say without hesitation "VOLATILITY". Faced with the Covid-19 crisis. the MASI index underwent the fastest correction in its history.

Positive Data coming from Europe After crossing lower than the 1.21 level last week, the EUR/USD pair appreciated +0.74% to settle at $ 1.217.