INTERNATIONAL HIGHLIGHTS
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.
The dollar strengthened thanks to positive data in the United States which attest to the acceleration of the economic recovery. This is evidenced by the Q1-21 GDP released this week, which rose by 6.4%.
The Fed is optimistic and anticipates a solid economic recovery in 2021. In fact, the vaccination rate in the United States is at its peak with more than half of adults having received at least one injection.
Read more.
