The dollar stopped rising on Thursday, providing a breath of fresh air for the euro. At the same time, investors are clinging to fragile assumptions that the war in the Middle East may not last as long as initially expected. This shift in market sentiment has supported the European currency.
Dollar Stabilizes, Euro Gains Ground
The dollar stopped rising on Thursday, providing a breath of fresh air for the euro. At the same time, investors are clinging to fragile assumptions that the war in the Middle East may not last as long as initially expected.