INTERNATIONAL HIGHLIGHTS
A visible rebound in the EUR/USD parity.
The sharp drop in the EUR/USD parity recorded last week was readjusted this week. The euro appreciates against the dollar by + 0.6%, going from 1.186 to 1.194 over the week.
The publication of the euro zone PMI report shows an improvement in economic activity. The index rose to 59.2 in June versus 57.1pts a month earlier. In fact, EU institutions expressed this week their optimism about the economic recovery thanks in part to the imminent deployment of the 'Next Generation EU' recovery plan.
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Sur le même thème
MAD Insights - june 23rd, 2021
Fed pushes dollar to 2-month high. During its meeting this week, the Fed announced its intention to raise interest rates by 2023.
MAD Insights - june 18th, 2021
EUR/USD reacts to inflation Data. The EUR/USD pair moved this week from 1.210 to 1.211, down -0.48% in comparison to the last week.
MAD Insights - june 11th, 2021
The US employment data supports the dollar. The US dollar appreciated this week against all of its benchmarks, including the euro. The EUR/USD parity fell to 1.217 against 1.220 a week earlier.
