INTERNATIONAL HIGHLIGHTS
The dollar recovers its two-week losses
The euro fell again and posted a weekly change of -0.56% to 1.1814. The cautious tone of the ECB, as well as the limited decline in its asset purchase program set up to support the European economy during the health crisis, do not seem to reassure investors.
The rise of US Treasuries yields is benefiting the US dollar, which is returning to its levels seen two weeks ago. However, the current context remains marked by the lack of visibility regarding the Fed's schedule for reducing its stimulus measures.
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Sur le même thème
MAD Insights september 9th, 2021
The euro crosses the $ 1.18 threshold, i.e. a weekly performance of + 0.72% at 1.1880.
MAD Insights september 2nd, 2021
The euro is gaining ground against the dollar this week, appreciating 0.83% to 1.1795. The greenback was penalized by a lower than expected PMI index in the United States.
MAD Insights august 26th, 2021
The Euro has fallen against the Dollar this week by -0.84% to 1.1698. During Thursday's session, the Euro hit 1.1675, i.e. its lowest level since November 2020.
