The euro returns to more than 1.20 dollars for the first time in a month and a half. The European currency recorded a strong rebound rate against a weaker dollar.

The euro rose Monday morning against a weakened dollar, crossing the symbolic threshold of 1.20 dollars for one euro as investors resign themselves to an ultra-accommodating policy from the American Central Bank (Fed).
Around 9:00 a.m. GMT (11:00 a.m. in Paris), the euro gained 0.35% against the dollar, to 1.2025 dollars for one euro, after touching around 8:45 a.m. GMT 1.2033 dollars, its highest since the beginning of March.
Since the beginning of April, the euro has gained 2.6% against the dollar, rising after a difficult first quarter for the single European currency.