INTERNATIONAL HIGHLIGHTS
US jobs report penalizes the dollar
During this week, the dollar fell against the euro to its lowest level since the end of February 2021. In more details, the EUR/USD pair went from 1.20 to 1.22, i.e. a weekly evolution of +1.21 %.
Indeed, the dollar was penalized by the latest report on the labor market state in the United States. In fact, only 266 K job creations were recorded in April, against a forecast of around 1 million. The unemployment rate within March was also revised to 6.1%, from an initial level of 5.8%.
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