The dollar rose as European markets opened Thursday (March 25th) after reaching a four-month high against the euro during the Asian session, with market participants focusing on the divergent recovery prospects in the United States and Europe and a dwindling risk appetite.<\/p>\n\n\n\n
Global stock markets fell to their lowest levels in two weeks after the sale of shares of the Chinese technology sector due to fears of de-listing from US stock exchanges.<\/p>\n\n\n\n
Concerns about lockdown measures in Europe also weighed on the markets. German Chancellor Angela Merkel\u2019s decision to cancel plans for the Easter lockdown has resulted in little improvement in sentiment.<\/p>\n\n\n\n
The dollar index was up less than 0.1% during the day, to 92.658, after hitting its highest level since November 2020 at 92.697 during the night.<\/p>\n\n\n\n
The euro fell 0.1% against the US currency, to $1.1807.<\/p>\n\n\n\n
The Swiss franc was down about 0.1 percent against the euro, at 1.1068.<\/p>\n\n\n\n
The Australian and New Zealand dollars rose about 0.3% against the US dollar, compensating for some of the losses they incurred during the past two sessions. As for Bitcoin, it was almost stable at about $ 52,321.31.<\/p>\n\n\n\n
The cryptocurrency had briefly exceeded $ 57,000 during the previous session, after Elon Musk, president of Tesla, said that customers can now buy its electric cars with that digital currency.<\/p>\n","protected":false},"excerpt":{"rendered":"
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