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The euro starts the week close to balance

16/11/2020
Source : AOF
Categories: Economy/Forex

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(AOF) – The euro remains almost stable in the late afternoon against the greenback, gaining only 0.06% to 1.1843 dollars. While last week, Pfizer's vaccine announcement prompted investors to turn away from the dollar as a safe haven, pushing the single currency higher over the week, Moderna's news did not have the same effect on Monday. The fault of a European budget 2021-2027 blocked by Poland and Hungary. The euro had however gained up to 0.27% to 1.1868 dollar, its highest level since last Monday.

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