Dollar hits 5-week high against euro

Monday, 18. January 2021 13:27

The dollar traded on five-week highs against the euro on Monday as investors were looking towards the Biden administration entering the White House later this week and digesting the impact of coronavirus lockdowns worldwide as vaccinations continue despite some setbacks from Pfizer.

The euro lost 0.15% compared to the dollar at 7:22 am ET to go for 1.20602. It's daily low against the greenback was 1.20564.

Over the past month, the euro fell 1.52% compared to the dollar.

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Author:
Breaking the News / VP