INTERNATIONAL HIGHLIGHTS
The dollar uptrend continues.
The EUR/USD parity is experiencing very high volatility this week. The dollar traded higher against the major currencies. Thus, the EUR/USD parity crossed down the threshold of 1.20 to 1.195 against 1.208 a week earlier.
The surge in US Treasury yields following employment figures’ release does not seem to worry the Fed. In fact, the dollar still benefits from the Federal Reserve’s confidence in the US economy recovery. In addition, the euro was penalized this week by the unexpected decline in German industrial production during January 2021.
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