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Currency: The dollar rises against other major currencies

03/12/2021
Categories: Economy/Forex

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This Friday, December 3, 2021, before the publication of the unemployment rate in the United States, which could influence the monetary policy of the American Federal Reserve (Fed), the dollar is performing well.

The US dollar rose slightly against the other major currencies on Friday. Around 10:10 a.m. GMT (11:10 a.m. CET), the euro lost 0.04% against the dollar at 1.1207 dollars for one euro. The Dollar index, which compares the greenback to a basket of other major currencies, took 0.07% to 96.22 points.

For the moment, the euro remains in difficulty against the dollar, because the European Central Bank does not envisage an increase in rates in the immediate future: its president Christine Lagarde again affirmed this Friday that an increase was "very unlikely in 2022 during an online conference. As for other currencies, the Turkish lira fell 1.4% to 13.87 pounds per dollar, approaching its historic low against the greenback reached Tuesday at 13.95 pounds.

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