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Currencies: The greenback gains ground

27/01/2022
Categories: Economy/Forex

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Pending the announcements of the first meeting of the American Federal Reserve (Fed) for the year 2022, the dollar is rising this Wednesday against the euro.

The US dollar gained ground on Wednesday as investors await the Fed's conclusions. Around 11:10 a.m., the euro lost 0.16% to 1.1283 dollars for one euro. A tightening of the Fed's monetary policy should enable the greenback to gain ground against the euro. Bitcoin was up around 3.5% from Tuesday to $37,773, but still close to its 6-month low.

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