INTERNATIONAL HIGHLIGHTS
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.
Following the ECB meeting, the euro traded lower against the main currencies. The issuing institution revised upward its inflation and growth projections for 2021 and 2022, while viewing the current price hike as moderate and transitory.
This week was also marked by the release of inflation figures in the United States. In May, it reached + 5% year-on-year, i.e. its highest level since August 2008.
Read more.
Sur le même thème
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.
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.
