INTERNATIONAL HIGHLIGHTS
Dollar strengthens despite Fed decisions.
At the end of the week, the EUR/USD parity fell by -0.41% to 1.190 against 1.195 a week earlier.
Investors confidence in the US economy recovery is supporting the rise of the dollar, despite the Fed's new forecasts regarding key rates status quo until 2023.
The Philadelphia Fed index reached its 48-year high at 51.8 compared to 23.3 a month earlier. For its part, the euro remains penalized by the visible delay in the deployment of vaccines in Europe. As a reminder, the contamination increase has forced Italy, France and Germany to tighten current health restrictions.
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