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Currency: Against the dollar the euro and the pound hang on

26/03/2021
Categories: Index/Markets

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The euro and pound remained close to their recent lows. But against the dollar, both currencies are hanging on.

Under the blow of a new wave of Covid-19, the euro stabilized and the pound rose this Thursday against the dollar.
Around 10:45 GMT (11:45 in Paris), the euro remained stable (-0.01% to 1.1812 dollars per euro), after reaching around 08:20 GMT a low since the end of November at 1.1801 dollar.

The pound rose 0.28% to $1.3725 per pound, after reaching around 08:20 GMT a low since early February at $1.3670.

The dollar index, which compares the greenback to other major currencies, climbed to its highest since late November.
The British pound had started the year on a high note, but it is now trading almost at the same level as in the first of January against the dollar (up 0.42%).

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