INTERNATIONAL HIGHLIGHTS
Dollar resists various negative US Data
At the end of this week, the euro fell slightly against the dollar, i.e. -0.21% from 1.217 to 1.214.
The greenback is recovering this week despite disappointing US economic figures. In fact, investors seem confident toward the strength of the US economy recovery .
In more details, consumer spending stagnated in April after soaring in March. Industrial production slowed and the University of Michigan consumer sentiment index fell to 82.8 from 88.3 recorded in March 2021.
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Sur le même thème
MAD Insights - may 12th, 2021
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 %.
MAD Insights - may 5th, 2021
The dollar appreciates for the 1st time since April. While the European currency experienced a bullish trend throughout April, the latter fell this week against the dollar by -0.64% to 1.202 from 1.210 a week earlier.
MAD Insights - april 29th, 2021
The vaccination effort in Europe supports the euro The euro continued its bullish rally during the last week, showing a gain of + 0.95% against the dollar.
