The euro resumed its ascent on Friday against the greenback, a safe haven neglected by traders, who favor riskier assets.

Around 7:00 p.m. GMT (8:00 p.m. in Paris), the euro gained 0.36% against the dollar, to 1.1956 dollars for one euro.

"The euro has quietly returned to the 1.19 dollar mark in the last few sessions, without there being a major movement in the markets and while certain information could have weighed on the European currency", underlined You-Na Park. -Heger, analyst at Commerzbank.

The euro fell slightly against the dollar on Thursday.

The minutes of the European Central Bank's (ECB) latest meeting, released on Thursday afternoon, reinforced the idea that the institution will increase its support for the eurozone economy at its December meeting. .

"The euro is also vulnerable to the dispute over the EU budget", which Poland and Hungary vetoed last week.

But these elements were relegated to the background on Friday, the greenback falling back against the single European currency and several other currencies.

The dollar index, which measures the value of the American currency against a basket of major currencies, fell 0.18%, close to its lowest point for the year, reached in early September.

"Investors are looking for riskier assets due to a renewed appetite for risk with the prospect of a less chaotic transition than expected between the Trump administration and the Biden administration" in the United States, explains Joe Manimbo of Western Union.

“Hopes around a vaccine against Covid-19 are another element justifying the poor performance of the dollar this week”, adds the expert.