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Euro hits its highest against the dollar since May 2018

2020-12-02T03:39:17.978Z


Around 4:55 p.m. in Paris, the euro gained 0.88% to $ 1.2032.The euro climbed on Tuesday to its highest level in a year and a half against the dollar, a safe haven weakened by the optimism that reigns in the markets and the monetary easing measures of the US Federal Reserve (Fed). Read also: Euro zone: Europe is deploying a safety net for its banks Around 3:55 p.m. GMT (4:55 p.m. in Paris), the euro gained 0.88% to $ 1.2032, a level not seen since May 201


The euro climbed on Tuesday to its highest level in a year and a half against the dollar, a safe haven weakened by the optimism that reigns in the markets and the monetary easing measures of the US Federal Reserve (Fed).

Read also: Euro zone: Europe is deploying a safety net for its banks

Around 3:55 p.m. GMT (4:55 p.m. in Paris), the euro gained 0.88% to $ 1.2032, a level not seen since May 2018. The dollar index, which compares the greenback to other major currencies, was moving at its lowest since April 2018.

Source: lefigaro

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