January 23, 2021

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The euro has reached its highest level in three months

The euro has reached its highest level in three months

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Photo: Shutterstock

The euro reached its highest level since the end of September on Thursday. The European single currency cost USD 1.1936 in the morning.

In the past few days, the euro has benefited mainly from the good atmosphere on the stock markets. The US dollar underperformed as it is considered a safe haven and does particularly well when equity markets struggle.