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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFaced with a weakened dollar, the European currency regained strength on Tuesday. The euro climbed 0.49%.
The euro regained strength on Tuesday against a dollar that fell despite positive US jobs data. Around 7:10 p.m. GMT, the euro climbed 0.49% to 1.1871 dollars for one euro.
The dollar index, which compares the greenback to other major currencies, slipped 0.27% on Tuesday to 92.34 points (+0.07%).
"The strength of the US economy should support the dollar as well as short-term bond market rates, as the US gains a head start on other countries. But the recent movement of the dollar shows that this lead is already priced in by the market," said MUFG analyst Lee Hardman.
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