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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe euro ended the week without taking off against a dollar at its highest in fifteen. Between betting on American monetary policy and the resumption of Covid-19 contamination in Europe, the two currencies are evolving in scattered ranks.
The euro continued to slide against the US dollar on Friday to hit a new low since July 2020. At around 10:15 GMT (11:15 CET), the euro fell 0.07% to $1.1443, after hitting a low for fifteen months at 1.1436 dollars. Over the week, the single European currency lost 1.2%. The greenback benefited this week from a stronger than expected rise in inflation in the United States which prompted investors to bet on a faster acting US Federal Reserve (Fed).
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