The US dollar rose against the euro on Thursday as traders focused on the greenback consequences of a Democratic presidency and ignored the pro-Trump violence that rocked Washington.
Around 10:10 a.m. GMT (11:10 a.m. in Paris), the dollar gained 0.46% against the euro, at 1.2270 dollars to the euro.
This rise is not enough to erase the recent losses of the dollar, which hit its lowest level in two and a half years on Wednesday, at 1.2349 dollars to the euro.
To read also: "Periscope" N ° 31: An end of reign in violence and indignity
According to Hussein Sayed, analyst at FXTM, the dollar's gains are not attributable to a possible sale of risky assets after the violent scenes that occurred on Capitol Hill in Washington.
"
What really matters to investors is the double Democratic victory in Georgia
" which gives the majority in the Senate to Joe Biden's party, assures the analyst.
Some market players attribute the weakness of the dollar since the US presidential election to the prospect of more ambitious economic stimulus packages, which would divert them from the greenback, a safe haven, to turn them into risky assets.
"
Investors are also going to question whether fiscal policy decisions will have an impact on the Fed,
" commented Lee Hardman, analyst at MUFG.
The American Central Bank (Fed) has adopted a very flexible monetary policy since the start of the economic crisis caused by Covid-19, which weighs on the dollar.
Several Fed officials were in favor of a measure that would keep interest rates low for a long time to support the economic recovery, a much-anticipated decision that was not announced in mid-December at the last meeting. of the Monetary Committee whose minutes were published Wednesday.
Read also: Capture of the Capitol: the day the American democracy fractured
For its part, bitcoin continued to rise, despite the concern of some analysts who predict a correction.
The cryptocurrency hit a new all-time high at $ 37,802, and was up nearly 30% in the first sessions of 2021.