AnalisisForexThe euro is approaching its highest level amid pressure on the dollar!!

The euro is approaching its highest level amid pressure on the dollar!!

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The single European currency rose 0.05 percent to $ 1.10415, heading again towards the peak recorded last night at $ 1.1096, the highest level since April of last year.

The dollar index, which measures the performance of the US currency against six major currencies, the most influential of which was the euro, remained stable at 101.41, after declining 0.42 percent on Wednesday when it touched its lowest level in nearly two weeks at 101.00.

Markets are awaiting the release of GDP data today as well as US unemployment data, first-quarter CPI and home sales

This data will move market prices, especially US gross domestic product, which experts expect to rise by 2.0% after recording 2.6% in the previous quarter.

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