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Currency: The stable dollar against the euro

04/11/2021
Categories: Economy/Forex

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The dollar finds itself without a strong direction ahead of the Fed. A few hours before the end of the meeting of the American Federal Reserve, the American dollar remained stable against the euro while Christine Lagarde judged "very unlikely" a rate hike in the euro zone in 2022.

Around 3:50 p.m. GMT (4:50 p.m. in Paris), the dollar remained motionless (+0.01% against the euro at 1.1578 dollars), after having alternated up and down in recent sessions. Despite strong movements at the end of the previous week, the euro-dollar parity is more or less at the same level as before the meeting of the European Central Bank last Thursday.

The dollar rate recorded, in the official quotations of this Friday, November 3, an increase against the dinar. On the other hand, the single European currency experienced a slight drop compared to yesterday. On the side of the pound sterling, one pound is exchanged on the official currency market against 187.17 dinars for purchase and 187.24 dinars for sale. At the parallel market level, the euro also rose for this Friday.

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