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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