The dollar is crushing all the world's major currencies and continuing to rise, not far from its monthly highs, thanks to the wave of optimism surrounding the improvement of American economic data, the faster-than-expected deployment of vaccines against the coronavirus, and the rise in Treasury yiels.While the dollar is dominating the competition, the outlook for the European currency has darkened due to the recovery in lockdowns and the slow pace of vaccination in the EU.
The greenback has greater room for growth compared to the euro, which rebounded slightly before the release of data on the business climate in Germany.
The euro crossed the 200-day moving average and fell below $1.18 at the end of the week, the lowest since November