While the American Central Bank (Fed) sees the beginning of a normalization of its monetary policy, the American dollar accelerated on Wednesday. The members of the Fed are now counting, for half of them, on a rise in key rates from 2022.

In addition to the euro, the US dollar was gaining ground against most major currencies, namely the pound sterling, the Swiss franc and the yen. The US currency headed up, supported by this possible anticipated monetary tightening. The Fed has indicated that it could "soon" begin to slow down its debt purchases, a program initiated at the start of the pandemic to support the American economy. This position had been widely anticipated by the market, which did not expect a precise timetable before the November meeting.