INTERNATIONAL HIGHLIGHTS
The dollar declines in the face of inflationary risks
During this week, the dollar traded downward against its main counterparts. To this end, the EUR/USD parity appreciated by + 1.19%, going from 1.176 to 1.190.
Despite the release of a better-than-expected non-manufacturing ISM, the dollar remains penalized by inflationary risks in the coming months. Investors are very vigilant about a possible change in the FED’s monetary policy.
The euro benefited from the ECB’s latest statement.
The institution estimates that the pandemic impacts on European economy remain limited in the LT horizon.
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Sur le même thème
MAD Insights - april 7th, 2021
The dollar supported by the US infrastructure plan The European currency remains under pressure and continues to decline against the dollar this week by -0.29%, going from 1.179 to 1.176.
MAD Insights - march 31th, 2021
The EUR/USD parity reaches a 4-month low The EUR/USD parity fell below 1.18 this week for the first time since November 2020, down -0.93%.
MAD Insights - march 24th, 2021
Dollar strengthens despite Fed decisions. At the end of the week, the EUR/USD parity fell by -0.41% to 1.190 against 1.195 a week earlier.
