INTERNATIONAL HIGHLIGHTS

The European currency remains under pressure this week and continues its decline against the dollar; i.e. -0.30%, from 1.181 to 1.177. The European currency is suffering the consequences of the deteriorating health situation as investors turn to safe havens.

Concerns about the "delta" variant and accelerating inflation are gaining ground. In the United States, weekly jobless claims unexpectedly rose in one week to 419K from 368K the week before.

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Sur le même thème

MAD Insights - july 23th, 2021

The single currency continues to decline this week amid growing fears around the spread of the Delta variant in several countries.

MAD Insights - july 15th, 2021

At the end of this week, EUR/USD stabilizes at last week’s level of 1.188. As a reminder, it fell below 1.18 during the week, reaching its lowest since April 2021.

MAD Insights - july 7th, 2021

During this week, the dollar appreciates by + 0.6% against the euro. The EUR/USD pair fell to 1.187 against 1.194 a week earlier.