Currency: The dollar regains ground against the euro : Orishas-finance

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Currency: The dollar regains ground against the euro

06/01/2022

Categories: Economy/Forex

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Currency: The dollar regains ground against the euro

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The US dollar rallies after another tightening signal from the Fed. The minutes of the last meeting of the Fed's monetary policy committee, on December 14 and 15, showed that its members were considering normalization sooner than expected.

After the publication of the minutes of the last meeting of the American Central Bank (Fed), which point to an anticipated normalization of the monetary policy of the United States, the American dollar regained ground against the euro. After slipping to 1.1346 dollars for one euro, the greenback rose to 1.1303 dollars against the single currency, around 8:20 p.m. GMT. However, it remained down 0.15% from the previous day.

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