Influenced by the maintenance of Mario Draghi as Prime Minister in Italy and the rise in inflation in Germany, the euro rebounded against the dollar.

After falling to its lowest level since the spring of 2020 on Friday, the euro rebounded strongly on Monday against the dollar, which suffered profit taking against most benchmark currencies. On Monday evening, the euro thus rebounded by 0.84% to $1.1237, while the dollar index fell by 0.7% to 96.58 points, against a basket of 6 currencies (euro, pound sterling , Swiss franc, yen, Canadian dollar and Swedish krona). Inflation in Germany stood at 5.1% over one year in January (HICP index at European standards), after +5.7% in December, but while the consensus was counting on a sharp drop to +4.3% .