INTERNATIONAL HIGHLIGHTS

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.

The euro remains penalized by the restrictions put in place following the worrying developments in the Covid-19 variants within England and South Africa.

Across the Atlantic, the outlook are more optimistic with the ISM manufacturing figures which show positive signs regarding the US economy recovery.

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