Market News
Euro touches 4-month peak; eyes on ECB policy meeting, outlook - REUTERS
Summary
- Euro steadies as all eyes on ECB policy meeting
- The single currency gains 4% this week
- U.S. dollar index hovers at 4-month lows
March 6 (Reuters) - The euro steadied after hitting a four-month high against the dollar on Thursday as traders brace for the European Central Bank's rate decision and outlook against the backdrop of rising yields after Germany's historic debt overhaul.
The euro was little changed after earlier scaling to $1.0822 for the first time since November 7.
The shared currency has gained 4% so far this week, set for its biggest weekly jump since March 2020.
