The euro rose timidly against the dollar on Friday in a calm market, while the pound fell.

Around 10:20 GMT, the single currency grabbed 0.11% to 1.1340 dollars for one euro, and appreciated by 0.89% over the week against the greenback. The European currency is benefiting from a renewed risk appetite in the markets as the information on the level of dangerousness of the Omicron variant of Covid-19 is reassuring.

The pound sterling, also stimulated by the recent appetite for risk but also by the trajectory of the Bank of England (BoE), which raised its key rate by 0.1 point to 0.25% last week, limited its gains against the euro and the dollar. Around 10:20 GMT, the British currency dropped 0.09% to 84.55 pence for one euro and was stable against the greenback, at 1.3408 dollars for one pound.

The flattest calm also reigned over the FOREX with no deviation greater than 0.1% up or down, except for the Turkish Lira which receded around -5% against the main world currencies. The Pound falls back towards 11.8/$, but what a week since the Turkish currency is back from a floor of 18/$ and 20/E.