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Currency: The euro towards a record week after the ECB

04/02/2022
Categories: Economy/Forex

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The European currency is recovering and continues to rise. The euro rose again against the dollar.

The euro is currently signing a weekly increase not seen since the start of the pandemic after the change of message from the European Central Bank (ECB) on inflation. Around 10:00 GMT (11:00 CET), the euro took 0.22% to 1.1465 dollars for one euro. Seven days earlier, the euro had fallen to its lowest since June 2020, at $1.1132, before gaining 2.8% over the week, a performance not seen since March 2020.

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