Weighed down by bad indicators, the dollar accelerated against the euro and the pound on Tuesday. The greenback gave up the gains made after the announcement of the end of several distancing measures in the United Kingdom.

Already buoyed by the recovery of the US economy, the dollar was at its highest level since early April. Around 3:00 p.m. (7:00 p.m. GMT), the dollar took 0.30% on the British currency, at 1.3803 dollars for one pound, and 0.32% on the euro, at 1.1826 dollars for one euro. The pound appreciated significantly on Tuesday after British Prime Minister Boris Johnson announced on Monday that telework would no longer be recommended, but also that performance halls and stadiums could open at full capacity. The British currency had even come close to 1.39 dollars for one euro (1.3898), before falling back significantly, without any major macroeconomic indicator on the agenda. On the euro side, Joe Manimbo of Western Union believes that the single currency suffered from two bad indicators in Germany, in particular an unexpected contraction in industrial orders in May.