After a three-month high, the dollar weakened against the euro on Thursday July 8, 2021. The European currency gained 0.39% to 1.1836 dollars.

The euro rose against the dollar on Thursday. Faced with cooled optimism about global growth prospects, the greenback fell from its highest level in three months. Around 6:30 p.m. GMT, the euro gained 0.39% to 1.1836 dollars. The day before, it had sunk at the end of the session to 1.1782 dollars, its lowest since the beginning of April. The dollar index, which compares the greenback to a basket of other major currencies, lost 0.24% to 92,421 points. The dollar also slipped sharply against the yen and the Swiss franc. At the same time, the euro was boosted by the announcement of the European Central Bank's (ECB) new inflation strategy, which is more cautious than expected. In China, the yuan lost ground against the dollar (-0.27% to 6.4905 yuan).