Бизнес
Dollar loses strength in global markets
Euro/dollar parity hit the 10-week high of 1.1025.
With the decline in inflation in the US announced in March, global markets, which were convinced that the Fed had no way to increase interest rates, started to leave the dollar.
The decrease in the dollar, on the other hand, helped the euro on the parity side. Euro/dollar parity rose to 1.1025, the highest level of 10 weeks.
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The euro/dollar parity has hit a 10-week high of 1.1025, as investors leave the dollar amidst US inflationary decline in March. The reduced interest rate prospects were a driving factor that led to the drop in the dollar, which in turn helped the euro, resulting in the highest level of 10 weeks for the euro/dollar parity.
