INTERNATIONAL HIGHLIGHTS
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.
The encouraging employment report in the United States took over the good performance of the euro zone PMI index. Job creation in the US increased to 559K in May versus 278K in April. Likewise, the unemployment rate fell to 5.8% from 6.1% over the same period. These figures were supported by the decline in unemployment benefit claims from a monthly average of 562K to 428K over the studied period.
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Sur le même thème
MAD Insights - june 2nd, 2021
The euro supported by positive economic data. The EUR/USD parity approached this week the level of 1.22 to 1.219, up 0.08% from last week.
MAD Insights - may 27th, 2021
EUR/USD at its highest since early 2021. This week was marked by the rise of the euro against the dollar by + 0.34%, going from 1.214 to 1.218.
MAD Insights - may 19th, 2021
Dollar resists various negative US Data. At the end of this week, the euro fell slightly against the dollar, i.e. -0.21% from 1.217 to 1.214.
