The dollar has been strengthening against the major currencies since Jerome Powell's press conference last night
The greenback appreciated against the euro, benefiting from the market's appetite for U.S. government bonds, whose yields are at their highest since the start of the pandemic.
European stock markets are moving lower on Thursday after rebounding in the last two sessions in a market context still dominated by inflation and monetary policy issues.
The U.S. economy added a meager 199,000 jobs in the final month of 2021, well below market expectations of 400,000.
The markets are disturbed by the advance of the Omicron variant in Europe and by a blow to the gigantic social reform plan of the American president Joe Biden.
The decisions that the ECB has just announced are quite close to what the markets were expecting and have therefore led to a controlled reaction. A rise in the EUR/USD, a slight improvement in stock prices and a slight rise in yields.
The euro is under pressure despite the renewed risk appetite of market participants in recent sessions.
The U.S. economy added only 210,000 jobs in November, the lowest figure since a decline of 306,000 jobs in December 2020 and well below market expectations of 550,000, as employers continued to report difficulties hiring and retaining employees amid a strong economic recovery.
The U.S. dollar had a choppy session Tuesday after Federal Reserve Chairman Jerome Powell said the risk of higher bets had increased and suggested removing the term "transitory" for inflation, while concerns about the new variant of the Omicron coronavirus kept demand for safe haven currencies alive.
The EURUSD continued its slide yesterday, falling to its lowest level since June 2020 at $1.12
European Central Bank President Christine Lagarde reiterated Friday morning that the conditions for a rate hike are highly unlikely to be met next year
The dollar capitalized on Wednesday's rise to reach a 16-month high.
The EURUSD continued to be under pressure on Friday, having tested its early October low of around $1.1530.
The dollar continues to strengthen against the euro after the U.S. Federal Reserve announced that it would be premature to start raising rates now.
The dollar strengthened on Friday, helped by positive economic data, but was headed for its second week of declines, while commodity-linked currencies slipped as traders adjusted their positions after this week's sharp rise.
The EURUSD has been on the rise since yesterday, reaching a 3-week high of around $1.1650.
The EUR/USD has been rising since Tuesday on the back of falling U.S. bond yields, especially real yields.
The EURUSD is has rebounded from its range in the wake of the Fed's statement that showed a growing number of officials favouring a rate hike in 2022
The European Central Bank decided on Thursday to slightly ease its exceptional support measures for the economy
The U.S. economy added more jobs than expected in July, as the labor market was buoyed by strength in the service sector.