The dollar remains the main beneficiary of the Fed's new rhetoric: it appreciated by 0.79% against the other major currencies after having already gained 0.66% on Wednesday, and is trading at the highest level in two months.

The dollar rose against the euro on Wednesday after the American Central Bank (Fed) revised its inflation forecasts for 2021 upward and the institution announced its intention to raise key rates twice in 2023. Around 19:30 GMT (21:30 in Paris), the dollar jumped 0.92% against the single European currency, to 1.2015 dollars per euro. The dollar index, which measures the value of the greenback against a basket of other currencies, rose 0.75%

Market expectations of rising U.S. key rates tend to favor the greenback, which becomes more profitable when the rent of money increases. The Fed has certainly not touched its rates, which are currently in the range between 0% and 0.25%, but has said that it plans to raise them twice in 2023 to adapt to the return of growth in the United States. For its part, the euro thus fell back to 1.1931 dollars, its lowest level since April 13