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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe dollar is regaining color after a slight bout of weakness. On Tuesday against the euro and the main currencies, it gained a few percentage points helped by the rebound of the economy in the United States and by concerns about inflation.
Around 19:00 GMT, the dollar was up 0.45% to $1,2010 to the euro. It also gained 0.22% against the yen and 0.15% against the pound. The greenback, despite its bout of weakness on Monday, remained supported on Tuesday by encouraging economic indicators in the United States where the economy seems to be recovering quickly.
Ipek Ozkardeskaya, an analyst at Swissquote, believes that " Even if the Federal Reserve (Fed) insists that its ultra-accommodative monetary policy is what is needed for the US economy for now, macroeconomic indicators should put the Fed in a difficult situation."
For its part, the pound sterling fell on Tuesday, two days before the conclusions of the monetary policy meeting of the Bank of England.
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