The publication on Wednesday of more vigorous inflation than expected in the United States restored the image of the American and European currencies.

As inflation fears fade in the United States, the euro rebounds. The euro/dollar pair had a volatile week, with the European currency losing ground against the dollar at the start of the week amid inflationary fears in the United States, before coming back strong on Friday.

On Friday evening, the euro thus regained 0.5% against the greenback at $1.2144, down slightly over the week ($1.2168 last Friday), but rebounding 0.7% from its highest point. low of the week registered Thursday at $1.2063. The dollar index for its part relapsed by 0.47% to 90.32 points on Friday evening, against 90.22 pts a week ago.

Consumer prices thus climbed 4.2% over one year, and 3% excluding food and energy, climbing above the Fed's 2% target.