INTERNATIONAL HIGHLIGHTS
The euro bounces back for the 3rd week in a row
This week, the European currency continued its bullish rally supported by the visible improvement in the health situation within the Eurozone. Therefore, the EUR/USD parity appreciated by +0.71% in one week, going from 1.190 to 1.198.
Investors seem to overshadow positive economic indicators within the US. As a reminder, retail sales exceeded market expectations, consumer spending jumped by + 9.8% in March and finally unemployment benefit claims fell by 200K to 576K, a lowest level since the start of the pandemic.
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