The euro recorded the highest level in four months against the dollar today, Thursday, after the revenue of European bonds with the support of a proposal in Germany to create an infrastructure fund worth 500 billion euros and amend borrowing rules.
The dollar fell close to the lowest level in four months against a basket of major currencies after the administration of US President Donald Trump granted a month from customs duties on auto imports of Canada and Mexico.
The euro settled at 1.0792 dollars in early trading in Asia, after it was touched earlier at the level of $ 1.0803 for the first time since November 8.
The European unified currency has risen by about four percent this week, and is heading to record the best weekly performance since March 2020.
The US dollar index witnessed a slight change to 104.31, after it decreased to 104.25 last night for the first time since November 8.
The pound rose to $ 1.2906, a level that has not been recorded since November 11.
The Australian dollar has increased 0.1 percent to $ 0.6345, the highest level since February 26.
