The Euro reached a two-month high versus the Dollar during the early part of Wednesday’s trading. The single currency’s gains result mainly from Dollar weakness, as a cocktail of good news has lifted the mood of investors. Over the last few years, we have all got used to the greenback’s safe-haven role, rising with anxiety, and dropping whenever risk appetite returns. Well, it appears as though there may be brighter times ahead, as the market celebrates hopes of a COVID-free future and the end of Trump’s protectionism, so more Dollar weakness is to be expected.
