INTERNATIONAL HIGHLIGHTS
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.
The dollar's underperformance is justified by the high weekly levels of jobless claims in the United States, which remain above 400K. Also, unexpected declines were recorded in the acquisition of durable goods and housing.
At the opposite, the euro benefited from reassuring figures from the euro zone. To this end, the consumer and business confidence index rose from 111 to 115 pts in May 2021.
Read more.
